PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN
Plan Contact
- Address: P.O. BOX 947,SALINA,KS
- Phone: (785) 537-0366
Plan General Information
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is $6,871,424.00.This plan was established in 1988.
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is 129
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is $53,266.00
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is $1,902.00.
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is approximately $1,078.00
Investing in this additonal $1,078.00 for 20 years would give you extra $69,047.00, assuming a 10% annual return.
Investing in this additonal $1,078.00 for 20 years would give you extra $69,047.00, assuming a 10% annual return.
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Total Employer Contribution and Match Rate
In 2023, PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN allocates $139,173.00 to match its employees' contributions, providing an employer match rate of 57.84% of their contributions
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is 14.88%.
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is 15.54%. This measures the effectiveness of the plan participants' investments in the year.
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN is 0.65%.
Enrollment Features
PKM STEEL SERVICE, INC. PROFIT SHARING RETIREMENT/401K PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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