HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN

Plan Contact

  • Address: 948 WALKER RD,WILDWOOD,FL
  • Phone: (352) 399-6829

Plan General Information

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is $370,816.00.This plan was established in 2022.

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is 187

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is $1,982.00

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is $2,669.00.

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is approximately $647.00
Investing in this additonal $647.00 for 20 years would give you extra $41,455.00, assuming a 10% annual return.

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN allocates $121,128.00 to match its employees' contributions, providing an employer match rate of 48.53% of their contributions

HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HUGHES BROTHERS CONSTRUCTION, INC. 401(K) PLAN is 0.23%.

Enrollment Features

HUGHES BROTHERS CONSTRUCTION, 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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