NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 2001 REXFORD ROAD,CHARLOTTE,NC
  • Contact person: DENNIS C. MERRIAM
  • Phone: (704) 365-7300

Plan General Information


At the end of 2022, the total retirement plan assets of NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is $364,610,068.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is 3379

In 2022, the average participant retirement account value for NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is $107,904

In 2022, the estimated average employee contribution amount per participant for NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is $4,598

In 2022, the estimated average employer match for an employee in NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is approximately $4,828

In 2022, NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN allocates $16,315,138 to match its employees’ contributions, providing an employer match rate of 103.60% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is -14.66%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is -13.71%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN is 0.07%.

Enrollment Features

NATIONAL GYPSUM 401(K) AND RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.