EBA ENGINEERING, INC. 401(K) PLAN

Plan Contact

  • Address: 6100 CHEVY CHASE DRIVE,,LAUREL,MD
  • Contact person: JAIRO PALOMIN0
  • Phone: (240) 547-1124

Plan General Information

EBA ENGINEERING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EBA ENGINEERING, INC. 401(K) PLAN is $12,224,369.00.This plan was established in 1991.

EBA ENGINEERING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EBA ENGINEERING, INC. 401(K) PLAN is 257

EBA ENGINEERING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EBA ENGINEERING, INC. 401(K) PLAN is $47,565.00

EBA ENGINEERING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EBA ENGINEERING, INC. 401(K) PLAN is $7,299.00.

EBA ENGINEERING, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EBA ENGINEERING, INC. 401(K) PLAN is approximately $393.00
Investing in this additonal $393.00 for 20 years would give you extra $25,166.00, assuming a 10% annual return.

EBA ENGINEERING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, EBA ENGINEERING, INC. 401(K) PLAN allocates $101,060.00 to match its employees' contributions, providing an employer match rate of 10.77% of their contributions

EBA ENGINEERING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EBA ENGINEERING, INC. 401(K) PLAN is 9.97%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for EBA ENGINEERING, INC. 401(K) PLAN is 10.82%. This measures the effectiveness of the plan participants' investments in the year.

EBA ENGINEERING, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of EBA ENGINEERING, INC. 401(K) PLAN is 0.41%.

Enrollment Features

EBA ENGINEERING, INC. 401(K) PLAN 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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