WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN
Overview
Plan Contact
- Address: 5450 LEWIS ROAD,SANDSTON,VA
- Contact person: DANIEL M WALKER
- Phone: (804) 222-8440
Plan General Information
At the end of 2022, the total retirement plan assets of WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is $19,046,339.This plan was established in 1989.
At the end of 2022, the total number of retirement plan participants in WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is 616
In 2022, the average participant retirement account value for WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is $30,919
In 2022, the estimated average employee contribution amount per participant for WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is $1,143
In 2022, the estimated average employer match for an employee in WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is approximately $218
In 2022, WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN allocates $134,494 to match its employees’ contributions, providing an employer match rate of 19.59% of their contributions
In 2022, the total retirement plan asset growth rate of WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is -18.69%
In 2022, the estimated aggregate retirement account investment gain/loss for WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is -18.90%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN is 0.27%.
Enrollment Features
WACO, INC. 401(K) RETIREMENT & SAVINGS 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.