OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN

Plan Contact

  • Address: 110 S. BUSINESS PARK DR,,OOSTBURG,WI
  • Contact person: GORDON VELDBOOM
  • Phone: (920) 564-3341

Plan General Information

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is $8,521,274.00.This plan was established in 1994.

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is 169

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is $50,421.00

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is $2,607.00.

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is approximately $1,065.00
Investing in this additonal $1,065.00 for 20 years would give you extra $68,165.00, assuming a 10% annual return.

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN allocates $180,000.00 to match its employees' contributions, providing an employer match rate of 42.87% of their contributions

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is 22.85%.

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is 20.72%. This measures the effectiveness of the plan participants' investments in the year.

OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OOSTBURG CONCRETE PRODUCTS, INC. 401(K) PLAN is 0.50%.

Enrollment Features

OOSTBURG CONCRETE PRODUCTS, 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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