SKANSKA RETIREMENT PLAN PLUS

Plan Contact

  • Address: 75-20 ASTORIA BOULEVARD,EAST ELMHURST,NY
  • Contact person: ASHLEY MANTON
  • Phone: (718) 746-2873

Plan General Information

SKANSKA RETIREMENT PLAN PLUS Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SKANSKA RETIREMENT PLAN PLUS is $500,727,902.00.This plan was established in 2006.

SKANSKA RETIREMENT PLAN PLUS Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SKANSKA RETIREMENT PLAN PLUS is 1906

SKANSKA RETIREMENT PLAN PLUS Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SKANSKA RETIREMENT PLAN PLUS is $262,711.00

SKANSKA RETIREMENT PLAN PLUS Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SKANSKA RETIREMENT PLAN PLUS is $6,428.00.

SKANSKA RETIREMENT PLAN PLUS Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SKANSKA RETIREMENT PLAN PLUS is approximately $7,529.00
Investing in this additonal $7,529.00 for 20 years would give you extra $481,870.00, assuming a 10% annual return.

SKANSKA RETIREMENT PLAN PLUS Total Employer Contribution and Match Rate

In 2023, SKANSKA RETIREMENT PLAN PLUS allocates $14,350,706.00 to match its employees' contributions, providing an employer match rate of 106.68% of their contributions

SKANSKA RETIREMENT PLAN PLUS Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SKANSKA RETIREMENT PLAN PLUS is 12.78%.

SKANSKA RETIREMENT PLAN PLUS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SKANSKA RETIREMENT PLAN PLUS is 17.43%. This measures the effectiveness of the plan participants' investments in the year.

SKANSKA RETIREMENT PLAN PLUS Expense Ratio

In 2023, the investment and administrative expense ratio of SKANSKA RETIREMENT PLAN PLUS is 0.06%.

Enrollment Features

SKANSKA RETIREMENT PLAN PLUS 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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