CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA

Plan Contact

  • Address: 4300 SW 74TH AVE,MIAMI,FL
  • Contact person: NATASHA CASTANEDA
  • Phone: (305) 265-4465

Plan General Information

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is $6,399,089.00.This plan was established in 1992.

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is 281

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is $22,772.00

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is $3,046.00.

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is approximately $608.00
Investing in this additonal $608.00 for 20 years would give you extra $38,938.00, assuming a 10% annual return.

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Total Employer Contribution and Match Rate

In 2022, CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA allocates $170,963.00 to match its employees' contributions, providing an employer match rate of 18.83% of their contributions

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is -5.63%.

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is -10.28%. This measures the effectiveness of the plan participants' investments in the year.

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA Expense Ratio

In 2022, the investment and administrative expense ratio of CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA is 0.62%.

Enrollment Features

CENTRAL CONCRETE SUPERMIX, INC. EMPLOYEES 401(K) & RETIREMENT SA has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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