PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 2300 N. FIELD STREET, SUITE 1900,DALLAS,TX
- Contact person: SRINIVAS GOLUGURI
- Phone: (855) 874-0110
Plan General Information
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is $355,086,208.00.This plan was established in 1998.
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is 13045
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is $27,220.00
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is $2,904.00.
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is approximately $1,305.00
Investing in this additonal $1,305.00 for 20 years would give you extra $83,530.00, assuming a 10% annual return.
Investing in this additonal $1,305.00 for 20 years would give you extra $83,530.00, assuming a 10% annual return.
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN allocates $17,025,926.00 to match its employees' contributions, providing an employer match rate of 52.86% of their contributions
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is 41.57%.
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is 35.95%. This measures the effectiveness of the plan participants' investments in the year.
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS PLAN is 0.10%.
Enrollment Features
PRIMORIS SERVICES CORPORATION 401(K) RETIREMENT SAVINGS 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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