MYREX INDUSTRIES 401(K) PLAN

Plan Contact

  • Address: 1912 BUSCHONG STREET,HOUSTON,TX
  • Contact person: MICHAEL J MOFFA
  • Phone: (713) 691-5200

Plan General Information

MYREX INDUSTRIES 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of MYREX INDUSTRIES 401(K) PLAN is $10,382,925.00.This plan was established in 2022.

MYREX INDUSTRIES 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in MYREX INDUSTRIES 401(K) PLAN is 187

MYREX INDUSTRIES 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for MYREX INDUSTRIES 401(K) PLAN is $55,523.00

MYREX INDUSTRIES 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for MYREX INDUSTRIES 401(K) PLAN is $3,663.00.

MYREX INDUSTRIES 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in MYREX INDUSTRIES 401(K) PLAN is approximately $2,008.00
Investing in this additonal $2,008.00 for 20 years would give you extra $128,555.00, assuming a 10% annual return.

MYREX INDUSTRIES 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, MYREX INDUSTRIES 401(K) PLAN allocates $375,624.00 to match its employees' contributions, providing an employer match rate of 54.83% of their contributions

MYREX INDUSTRIES 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of MYREX INDUSTRIES 401(K) PLAN is 20.67%.

MYREX INDUSTRIES 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for MYREX INDUSTRIES 401(K) PLAN is 11.38%. This measures the effectiveness of the plan participants' investments in the year.

MYREX INDUSTRIES 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of MYREX INDUSTRIES 401(K) PLAN is 0.25%.

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