MADDEN COMPANIES 401(K) PLAN

Overview

Plan Contact

  • Address: 13420 HEMPSTEAD RD,HOUSTON,TX
  • Contact person: MICHAEL MORELAND
  • Phone: (713) 939-9999

Plan General Information


At the end of 2022, the total retirement plan assets of MADDEN COMPANIES 401(K) PLAN is $3,787,880.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in MADDEN COMPANIES 401(K) PLAN is 153

In 2022, the average participant retirement account value for MADDEN COMPANIES 401(K) PLAN is $24,757

In 2022, the estimated average employee contribution amount per participant for MADDEN COMPANIES 401(K) PLAN is $1,556

In 2022, the estimated average employer match for an employee in MADDEN COMPANIES 401(K) PLAN is approximately $867

In 2022, MADDEN COMPANIES 401(K) PLAN allocates $132,799 to match its employees’ contributions, providing an employer match rate of 54.16% of their contributions

In 2022, the total retirement plan asset growth rate of MADDEN COMPANIES 401(K) PLAN is -5.37%

In 2022, the estimated aggregate retirement account investment gain/loss for MADDEN COMPANIES 401(K) PLAN is -16.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MADDEN COMPANIES 401(K) PLAN is 0.07%.

Enrollment Features

MADDEN COMPANIES 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.