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KOLB ELECTRIC, INC. 401(K) PLAN

Plan Contact

  • Address: 8530 CINDER BED ROAD SUITE 1400,LORTON,VA
  • Contact person: PAUL MALCOLM KOLB
  • Phone: (202) 726-4900

Plan General Information

KOLB ELECTRIC, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of KOLB ELECTRIC, INC. 401(K) PLAN is $5,074,275.00.This plan was established in 2022.

KOLB ELECTRIC, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in KOLB ELECTRIC, INC. 401(K) PLAN is 107

KOLB ELECTRIC, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for KOLB ELECTRIC, INC. 401(K) PLAN is $47,423.00

KOLB ELECTRIC, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for KOLB ELECTRIC, INC. 401(K) PLAN is $1,293.00.

KOLB ELECTRIC, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in KOLB ELECTRIC, INC. 401(K) PLAN is approximately $203.00
Investing in this additonal $203.00 for 20 years would give you extra $13,016.00, assuming a 10% annual return.

KOLB ELECTRIC, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, KOLB ELECTRIC, INC. 401(K) PLAN allocates $21,762.00 to match its employees' contributions, providing an employer match rate of 15.72% of their contributions

KOLB ELECTRIC, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of KOLB ELECTRIC, INC. 401(K) PLAN is 15.73%.

KOLB ELECTRIC, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for KOLB ELECTRIC, INC. 401(K) PLAN is 15.38%. This measures the effectiveness of the plan participants' investments in the year.

KOLB ELECTRIC, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of KOLB ELECTRIC, INC. 401(K) PLAN is 0.00%.

Enrollment Features

KOLB ELECTRIC, 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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