TERA RECON, INC. 401(K) PLAN

  • Address: 4309 EMPEROR BLVD.,,DURHAM,NC
  • Contact person: ANA BILBAO
  • Phone: (650) 653-4230

TERA RECON, INC. 401(K) 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.

At the end of 2023, the total retirement plan assets of TERA RECON, INC. 401(K) PLAN is $23,513,687.00.This plan was established in 2000.

At the end of 2023, the total number of retirement plan participants in TERA RECON, INC. 401(K) PLAN is 205

In 2023, the average participant retirement account value for TERA RECON, INC. 401(K) PLAN is $114,700.00

In 2023, the estimated average employee contribution amount per participant for TERA RECON, INC. 401(K) PLAN is $6,229.00

In 2023, the estimated average employer match for an employee in TERA RECON, INC. 401(K) PLAN is approximately $1,846.00

In 2023, TERA RECON, INC. 401(K) PLAN allocates $378,510.00 to match its employees' contributions, providing an employer match rate of 28.26% of their contributions

In 2023, the total retirement plan asset growth rate of TERA RECON, INC. 401(K) PLAN is 26.48%

In 2023, the estimated aggregate retirement account investment gain/loss for TERA RECON, INC. 401(K) PLAN is 16.01%. This measures the effectiveness of the plan participants' investments in the year.

In 2023, the investment and administrative expense ratio of TERA RECON, INC. 401(K) PLAN is 0.06%.

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