E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN

Plan Contact

  • Address: 4641 VERNON BOULEVARD,LONG ISLAND CITY,NY
  • Phone: (718) 786-9400

Plan General Information

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is $7,895,435.00.This plan was established in 1943.

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is 464

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is $17,016.00

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is approximately $392.00
Investing in this additonal $392.00 for 20 years would give you extra $25,118.00, assuming a 10% annual return.

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is 15.14%.

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is 14.57%. This measures the effectiveness of the plan participants' investments in the year.

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING PLAN is 0.45%.

Enrollment Features

E-J ELECTRIC INSTALLATION COMPANY PROFIT SHARING 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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