MODEC INTERNATIONAL, INC. 401(K) PLAN
- Address: 15011 KATY FREEWAY,,HOUSTON,TX
- Contact person: JIM GRAVES
- Phone: (281) 529-8100
MODEC INTERNATIONAL, 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.
At the end of 2022, the total retirement plan assets of MODEC INTERNATIONAL, INC. 401(K) PLAN is $96,260,072.00.This plan was established in 2002.
At the end of 2022, the total number of retirement plan participants in MODEC INTERNATIONAL, INC. 401(K) PLAN is 458
In 2022, the average participant retirement account value for MODEC INTERNATIONAL, INC. 401(K) PLAN is $210,174.00
In 2022, the estimated average employee contribution amount per participant for MODEC INTERNATIONAL, INC. 401(K) PLAN is $10,443.00
In 2022, the estimated average employer match for an employee in MODEC INTERNATIONAL, INC. 401(K) PLAN is approximately $7,564.00
In 2022, MODEC INTERNATIONAL, INC. 401(K) PLAN allocates $3,464,634.00 to match its employees' contributions, providing an employer match rate of 72.59% of their contributions
In 2022, the total retirement plan asset growth rate of MODEC INTERNATIONAL, INC. 401(K) PLAN is -21.67%
In 2022, the estimated aggregate retirement account investment gain/loss for MODEC INTERNATIONAL, INC. 401(K) PLAN is -17.01%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of MODEC INTERNATIONAL, INC. 401(K) PLAN is 0.28%.
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