ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN

Plan Contact

  • Address: 505 1ST AVE.,,SLATER,IA
  • Contact person: RICK PEARSON
  • Phone: (515) 228-3030

Plan General Information

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is $5,209,523.00.This plan was established in 2022.

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is 247

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is $21,091.00

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is $2,219.00.

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is approximately $10.00
Investing in this additonal $10.00 for 20 years would give you extra $691.00, assuming a 10% annual return.

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN allocates $2,669.00 to match its employees' contributions, providing an employer match rate of 0.49% of their contributions

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is 25.43%.

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is 12.54%. This measures the effectiveness of the plan participants' investments in the year.

ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of ABSOLUTE CONCRETE CONSTRUCTION, INC. 401(K) PLAN is 0.05%.

Enrollment Features

ABSOLUTE CONCRETE CONSTRUCTION, 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.

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