KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST

Plan Contact

  • Address: 4826 B. STREET NW,,AUBURN,WA
  • Phone: (253) 859-2000

Plan General Information

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST is 174

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST is $4,075.00.

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST is approximately $1,425.00
Investing in this additonal $1,425.00 for 20 years would give you extra $91,238.00, assuming a 10% annual return.

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST allocates $248,054.00 to match its employees' contributions, providing an employer match rate of 38.04% of their contributions

Enrollment Features

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST 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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