BUZICK CONSTRUCTION, INC. 401(K) PLAN

Plan Contact

  • Address: P.O. BOX 98,BARDSTOWN,KY
  • Contact person: LAURA GANOE
  • Phone: (502) 348-6401

Plan General Information

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

At the end of 2023, the total retirement plan assets of BUZICK CONSTRUCTION, INC. 401(K) PLAN is $15,190,743.00.This plan was established in 2000.

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

At the end of 2023, the total number of retirement plan participants in BUZICK CONSTRUCTION, INC. 401(K) PLAN is 272

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

In 2023, the average participant retirement account value for BUZICK CONSTRUCTION, INC. 401(K) PLAN is $55,848.00

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

In 2023, the estimated average employee contribution amount per participant for BUZICK CONSTRUCTION, INC. 401(K) PLAN is $4,469.00.

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

In 2023, the estimated average employer match for an employee in BUZICK CONSTRUCTION, INC. 401(K) PLAN is approximately $3,019.00
Investing in this additonal $3,019.00 for 20 years would give you extra $193,232.00, assuming a 10% annual return.

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

In 2023, BUZICK CONSTRUCTION, INC. 401(K) PLAN allocates $821,239.00 to match its employees' contributions, providing an employer match rate of 68.18% of their contributions

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

In 2023, the total retirement plan asset growth rate of BUZICK CONSTRUCTION, INC. 401(K) PLAN is 21.41%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for BUZICK CONSTRUCTION, INC. 401(K) PLAN is 16.38%. This measures the effectiveness of the plan participants' investments in the year.

BUZICK CONSTRUCTION, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BUZICK CONSTRUCTION, INC. 401(K) PLAN is 0.59%.

Enrollment Features

BUZICK 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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