MASCHMEYER CONCRETE COMPANY 401(K) PLAN
Overview
Plan Contact
- Address: 1142 WATERTOWER ROAD,LAKE PARK,FL
- Contact person: JOHN R. HOUGH
- Phone: (561) 848-9112
Plan General Information
At the end of 2022, the total retirement plan assets of MASCHMEYER CONCRETE COMPANY 401(K) PLAN is $8,619,578.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in MASCHMEYER CONCRETE COMPANY 401(K) PLAN is 390
In 2022, the average participant retirement account value for MASCHMEYER CONCRETE COMPANY 401(K) PLAN is $22,101
In 2022, the estimated average employee contribution amount per participant for MASCHMEYER CONCRETE COMPANY 401(K) PLAN is $3,392
In 2022, the estimated average employer match for an employee in MASCHMEYER CONCRETE COMPANY 401(K) PLAN is approximately $1,761
In 2022, MASCHMEYER CONCRETE COMPANY 401(K) PLAN allocates $687,044 to match its employees’ contributions, providing an employer match rate of 56.41% of their contributions
In 2022, the total retirement plan asset growth rate of MASCHMEYER CONCRETE COMPANY 401(K) PLAN is 15.65%
In 2022, the estimated aggregate retirement account investment gain/loss for MASCHMEYER CONCRETE COMPANY 401(K) PLAN is -15.22%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of MASCHMEYER CONCRETE COMPANY 401(K) PLAN is 0.21%.
Enrollment Features
MASCHMEYER CONCRETE COMPANY 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.