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PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 18484 EAST PETROLEUM DR.,BATON ROUGE,LA
  • Contact person: EMILY HECKAMAN
  • Phone: (225) 442-6399

Plan General Information

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is $218,184,885.00.This plan was established in 1998.

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is 5819

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is $37,495.00

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is $3,381.00.

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is approximately $852.00
Investing in this additonal $852.00 for 20 years would give you extra $54,590.00, assuming a 10% annual return.

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2019, PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN allocates $4,963,443.00 to match its employees' contributions, providing an employer match rate of 50.45% of their contributions

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is 99.43%.

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is 106.60%. This measures the effectiveness of the plan participants' investments in the year.

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN is 0.19%.

Enrollment Features

PRIMORIS SERVICES CORPORATION 401(K) PROFIT SHARING 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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