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HOUK AIR CONDITIONING, INC. 401(K) PLAN

Plan Contact

  • Address: 833 111TH STREET,ARLINGTON,TX
  • Contact person: LANDON AUSTIN
  • Phone: (817) 265-1191

Plan General Information

HOUK AIR CONDITIONING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOUK AIR CONDITIONING, INC. 401(K) PLAN is $6,407,035.00.This plan was established in 2011.

HOUK AIR CONDITIONING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOUK AIR CONDITIONING, INC. 401(K) PLAN is 248

HOUK AIR CONDITIONING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOUK AIR CONDITIONING, INC. 401(K) PLAN is $25,834.00

HOUK AIR CONDITIONING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOUK AIR CONDITIONING, INC. 401(K) PLAN is $2,117.00.

HOUK AIR CONDITIONING, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOUK AIR CONDITIONING, INC. 401(K) PLAN is approximately $1,189.00
Investing in this additonal $1,189.00 for 20 years would give you extra $76,119.00, assuming a 10% annual return.

HOUK AIR CONDITIONING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, HOUK AIR CONDITIONING, INC. 401(K) PLAN allocates $294,962.00 to match its employees' contributions, providing an employer match rate of 61.36% of their contributions

HOUK AIR CONDITIONING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOUK AIR CONDITIONING, INC. 401(K) PLAN is 29.97%.

HOUK AIR CONDITIONING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOUK AIR CONDITIONING, INC. 401(K) PLAN is 18.54%. This measures the effectiveness of the plan participants' investments in the year.

HOUK AIR CONDITIONING, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HOUK AIR CONDITIONING, INC. 401(K) PLAN is 0.58%.

Enrollment Features

HOUK AIR CONDITIONING, 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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