RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN

Plan Contact

  • Address: 6211 CHAPPELL ROAD NE,ALBUQUERQUE,NM
  • Contact person: KIM BROWN
  • Phone: (505) 345-0008

Plan General Information

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is $2,198,979.00.This plan was established in 1993.

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is 183

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is $12,016.00

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is $1,540.00.

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is approximately $2,481.00
Investing in this additonal $2,481.00 for 20 years would give you extra $158,785.00, assuming a 10% annual return.

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN allocates $454,027.00 to match its employees' contributions, providing an employer match rate of 143.77% of their contributions

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is -72.93%.

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is 16.70%. This measures the effectiveness of the plan participants' investments in the year.

RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of RMCI, INC. PROFIT SHARING AND RETIREMENT PLAN is 2.98%.

Enrollment Features

RMCI, INC. PROFIT SHARING AND RETIREMENT 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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