FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN
- Address: 2001 THEURER BOULEVARD,WINONA,MN
- Contact person: KIM MCRAITH
- Phone: (507) 453-8760
FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP 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.
At the end of 2022, the total retirement plan assets of FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is $710,838,514.00.This plan was established in 1998.
At the end of 2022, the total number of retirement plan participants in FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is 18553
In 2022, the average participant retirement account value for FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is $38,313.00
In 2022, the estimated average employee contribution amount per participant for FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is $2,919.00
In 2022, the estimated average employer match for an employee in FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is approximately $1,126.00
In 2022, FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN allocates $20,890,787.00 to match its employees' contributions, providing an employer match rate of 38.70% of their contributions
In 2022, the total retirement plan asset growth rate of FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is -14.43%
In 2022, the estimated aggregate retirement account investment gain/loss for FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is -18.35%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN is 0.10%.
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