BIG SPRINGS/CHAMBERS 401(K) PLAN

Plan Contact

  • Address: 2700 MERIDIAN STREET,HUNTSVILLE,AL
  • Contact person: GARY TUCKER
  • Phone: (256) 533-9450

Plan General Information

BIG SPRINGS/CHAMBERS 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of BIG SPRINGS/CHAMBERS 401(K) PLAN is $7,655,761.00.This plan was established in 1992.

BIG SPRINGS/CHAMBERS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in BIG SPRINGS/CHAMBERS 401(K) PLAN is 160

BIG SPRINGS/CHAMBERS 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for BIG SPRINGS/CHAMBERS 401(K) PLAN is $47,848.00

BIG SPRINGS/CHAMBERS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for BIG SPRINGS/CHAMBERS 401(K) PLAN is $2,580.00.

BIG SPRINGS/CHAMBERS 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in BIG SPRINGS/CHAMBERS 401(K) PLAN is approximately $1,340.00
Investing in this additonal $1,340.00 for 20 years would give you extra $85,766.00, assuming a 10% annual return.

BIG SPRINGS/CHAMBERS 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, BIG SPRINGS/CHAMBERS 401(K) PLAN allocates $214,416.00 to match its employees' contributions, providing an employer match rate of 50.81% of their contributions

BIG SPRINGS/CHAMBERS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of BIG SPRINGS/CHAMBERS 401(K) PLAN is -15.58%.

BIG SPRINGS/CHAMBERS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for BIG SPRINGS/CHAMBERS 401(K) PLAN is -16.09%. This measures the effectiveness of the plan participants' investments in the year.

BIG SPRINGS/CHAMBERS 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of BIG SPRINGS/CHAMBERS 401(K) PLAN is 0.00%.

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