PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is $16,119,907.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is 265

In 2022, the average participant retirement account value for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is $60,829

In 2022, the estimated average employee contribution amount per participant for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is $2,071

In 2022, the estimated average employer match for an employee in PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is approximately $6,454

In 2022, PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN allocates $1,710,342 to match its employees’ contributions, providing an employer match rate of 297.05% of their contributions

In 2022, the total retirement plan asset growth rate of PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is -10.24%

In 2022, the estimated aggregate retirement account investment gain/loss for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is -14.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN is 0.53%.

Enrollment Features

PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING 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.