REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 38106 FM 3346 RD,,HEMPSTEAD,TX
- Contact person: ROBERT SCHAFFERNOTH
- Phone: (979) 826-4961
Plan General Information
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is $16,235,043.00.This plan was established in 2000.
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is 339
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is $47,890.00
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is $4,650.00.
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is approximately $3,094.00
Investing in this additonal $3,094.00 for 20 years would give you extra $198,069.00, assuming a 10% annual return.
Investing in this additonal $3,094.00 for 20 years would give you extra $198,069.00, assuming a 10% annual return.
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST allocates $1,049,151.00 to match its employees' contributions, providing an employer match rate of 72.42% of their contributions
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is 20.93%.
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is 16.38%. This measures the effectiveness of the plan participants' investments in the year.
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST is 0.02%.
Enrollment Features
REFINERY SPECIALTIES INC. 401K PROFIT SHARING PLAN AND TRUST 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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