UTILI-SERVE, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 1701 CABLE DRIVE NE,CONOVER,NC
- Phone: (828) 469-7914
Plan General Information
At the end of 2022, the total retirement plan assets of UTILI-SERVE, LLC 401(K) PLAN is $5,655,100.This plan was established in 2012.
At the end of 2022, the total number of retirement plan participants in UTILI-SERVE, LLC 401(K) PLAN is 209
In 2022, the average participant retirement account value for UTILI-SERVE, LLC 401(K) PLAN is $27,057
In 2022, the estimated average employee contribution amount per participant for UTILI-SERVE, LLC 401(K) PLAN is $3,910
In 2022, the estimated average employer match for an employee in UTILI-SERVE, LLC 401(K) PLAN is approximately $2,383
In 2022, UTILI-SERVE, LLC 401(K) PLAN allocates $498,183 to match its employees’ contributions, providing an employer match rate of 62.60% of their contributions
In 2022, the total retirement plan asset growth rate of UTILI-SERVE, LLC 401(K) PLAN is -0.57%
In 2022, the estimated aggregate retirement account investment gain/loss for UTILI-SERVE, LLC 401(K) PLAN is -14.75%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of UTILI-SERVE, LLC 401(K) PLAN is 0.62%.
Enrollment Features
UTILI-SERVE, LLC 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.