CHOICE FABRICATORS, INC. 401(K) PLAN
Plan Contact
- Address: 3155 STEELE STATION ROAD,RAINBOW CITY,AL
- Phone: (256) 442-0636
Plan General Information
CHOICE FABRICATORS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CHOICE FABRICATORS, INC. 401(K) PLAN is $1,478,548.00.This plan was established in 2001.
CHOICE FABRICATORS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CHOICE FABRICATORS, INC. 401(K) PLAN is 218
CHOICE FABRICATORS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CHOICE FABRICATORS, INC. 401(K) PLAN is $6,782.00
CHOICE FABRICATORS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CHOICE FABRICATORS, INC. 401(K) PLAN is $554.00.
CHOICE FABRICATORS, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CHOICE FABRICATORS, INC. 401(K) PLAN is approximately $130.00
Investing in this additonal $130.00 for 20 years would give you extra $8,359.00, assuming a 10% annual return.
Investing in this additonal $130.00 for 20 years would give you extra $8,359.00, assuming a 10% annual return.
CHOICE FABRICATORS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, CHOICE FABRICATORS, INC. 401(K) PLAN allocates $28,475.00 to match its employees' contributions, providing an employer match rate of 23.44% of their contributions
CHOICE FABRICATORS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CHOICE FABRICATORS, INC. 401(K) PLAN is -19.97%.
CHOICE FABRICATORS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CHOICE FABRICATORS, INC. 401(K) PLAN is -18.27%. This measures the effectiveness of the plan participants' investments in the year.
CHOICE FABRICATORS, INC. 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of CHOICE FABRICATORS, INC. 401(K) PLAN is 1.87%.
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