FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN
Plan Contact
- Address: 285 W. NEW YORK AVE.,SOUTHERN PINES,NC
- Contact person: RONALD C. RUSSELL
- Phone: (910) 725-0348
Plan General Information
FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN is 184
FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN is $3,094.00.
FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN is approximately $723.00
Investing in this additonal $723.00 for 20 years would give you extra $46,314.00, assuming a 10% annual return.
Investing in this additonal $723.00 for 20 years would give you extra $46,314.00, assuming a 10% annual return.
FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, FAR RIDGELINE ENGAGEMENTS, INC. 401(K) PLAN allocates $133,155.00 to match its employees' contributions, providing an employer match rate of 46.77% of their contributions
Enrollment Features
FAR RIDGELINE ENGAGEMENTS, 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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