TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN

  • Address: 5700 LAKE WRIGHT DR.,,,NORFOLK,VA
  • Contact person: M. YVONNE SMITH
  • Phone: (757) 858-6685

TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN 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.

At the end of 2022, the total retirement plan assets of TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is $178,628,561.00.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is 2740

In 2022, the average participant retirement account value for TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is $65,192.00

In 2022, the estimated average employee contribution amount per participant for TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is $5,111.00

In 2022, the estimated average employer match for an employee in TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is approximately $1,876.00

In 2022, TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN allocates $5,140,989.00 to match its employees' contributions, providing an employer match rate of 36.84% of their contributions

In 2022, the total retirement plan asset growth rate of TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is -15.98%

In 2022, the estimated aggregate retirement account investment gain/loss for TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is -16.04%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN is 0.18%.

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