RAILWORKS CORPORATION INCENTIVE PLAN
Overview
Plan Contact
- Address: 5 PENN PLAZA,,NEW YORK,NY
- Contact person: GENE CELLINI
- Phone: (212) 502-7900
Plan General Information
At the end of 2022, the total retirement plan assets of RAILWORKS CORPORATION INCENTIVE PLAN is $81,856,323.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in RAILWORKS CORPORATION INCENTIVE PLAN is 1519
In 2022, the average participant retirement account value for RAILWORKS CORPORATION INCENTIVE PLAN is $53,888
In 2022, the estimated average employee contribution amount per participant for RAILWORKS CORPORATION INCENTIVE PLAN is $4,570
In 2022, the estimated average employer match for an employee in RAILWORKS CORPORATION INCENTIVE PLAN is approximately $1,887
In 2022, RAILWORKS CORPORATION INCENTIVE PLAN allocates $2,867,667 to match its employees’ contributions, providing an employer match rate of 41.20% of their contributions
In 2022, the total retirement plan asset growth rate of RAILWORKS CORPORATION INCENTIVE PLAN is -12.15%
In 2022, the estimated aggregate retirement account investment gain/loss for RAILWORKS CORPORATION INCENTIVE PLAN is -15.86%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RAILWORKS CORPORATION INCENTIVE PLAN is 0.02%.
Enrollment Features
RAILWORKS CORPORATION INCENTIVE 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.