RULE STEEL TANKS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of RULE STEEL TANKS, INC. 401(K) PLAN is $4,945,692.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in RULE STEEL TANKS, INC. 401(K) PLAN is 119

In 2022, the average participant retirement account value for RULE STEEL TANKS, INC. 401(K) PLAN is $41,560

In 2022, the estimated average employee contribution amount per participant for RULE STEEL TANKS, INC. 401(K) PLAN is $1,719

In 2022, the estimated average employer match for an employee in RULE STEEL TANKS, INC. 401(K) PLAN is approximately $1,209

In 2022, RULE STEEL TANKS, INC. 401(K) PLAN allocates $143,937 to match its employees’ contributions, providing an employer match rate of 65.65% of their contributions

In 2022, the total retirement plan asset growth rate of RULE STEEL TANKS, INC. 401(K) PLAN is -12.87%

In 2022, the estimated aggregate retirement account investment gain/loss for RULE STEEL TANKS, INC. 401(K) PLAN is -14.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RULE STEEL TANKS, INC. 401(K) PLAN is 1.63%.

Enrollment Features

RULE STEEL TANKS, INC. 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.