BASIC ELECTRIC COMPANY, INC. 401(K) PLAN
Plan Contact
- Address: P.O. BOX 577,INDIAN TRAIL,NC
- Phone: (704) 821-7011
Plan General Information
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2010, the total retirement plan assets of BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is $1,451,215.00.This plan was established in 2001.
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2010, the total number of retirement plan participants in BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is 94
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2010, the average participant retirement account value for BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is $15,438.00
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2010, the estimated average employee contribution amount per participant for BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is $1,749.00.
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Estimated Average Employer Match
In 2010, the estimated average employer match for an employee in BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is approximately $210.00
Investing in this additonal $210.00 for 20 years would give you extra $13,493.00, assuming a 10% annual return.
Investing in this additonal $210.00 for 20 years would give you extra $13,493.00, assuming a 10% annual return.
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2010, BASIC ELECTRIC COMPANY, INC. 401(K) PLAN allocates $19,819.00 to match its employees' contributions, providing an employer match rate of 24.10% of their contributions
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2010, the total retirement plan asset growth rate of BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is 17.99%.
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2010, the estimated aggregate retirement account investment gain/loss for BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is 18.33%. This measures the effectiveness of the plan participants' investments in the year.
BASIC ELECTRIC COMPANY, INC. 401(K) PLAN Expense Ratio
In 2010, the investment and administrative expense ratio of BASIC ELECTRIC COMPANY, INC. 401(K) PLAN is 2.22%.
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