BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN
Plan Contact
- Address: 510 LAFLAMME ROAD,BROUSSARD,LA
- Contact person: BETH BILLIOT
- Phone: (337) 839-4524
Plan General Information
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2016, the total retirement plan assets of BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is $1,276,004.00.This plan was established in 1995.
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is 111
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2016, the average participant retirement account value for BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is $11,495.00
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is $1,597.00.
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is approximately $299.00
Investing in this additonal $299.00 for 20 years would give you extra $19,182.00, assuming a 10% annual return.
Investing in this additonal $299.00 for 20 years would give you extra $19,182.00, assuming a 10% annual return.
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2016, BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN allocates $33,270.00 to match its employees' contributions, providing an employer match rate of 37.51% of their contributions
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2016, the total retirement plan asset growth rate of BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is -16.63%.
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2016, the estimated aggregate retirement account investment gain/loss for BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is 7.32%. This measures the effectiveness of the plan participants' investments in the year.
BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN Expense Ratio
In 2016, the investment and administrative expense ratio of BILFINGER SALAMIS, INC. 401(K) RETIREMENT PLAN is 0.10%.
Enrollment Features
BILFINGER SALAMIS, INC. 401(K) RETIREMENT 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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