TOWER ENGINEERING PROFESSIONALS, INC 401(K)
Plan Contact
- Address: 326 TRYON RD.,RALEIGH,NC
- Contact person: JOSHUA MENOLD
- Phone: (919) 661-6351
Plan General Information
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Total Retirement Plan Assets
At the end of 2013, the total retirement plan assets of TOWER ENGINEERING PROFESSIONALS, INC 401(K) is $986,108.00.This plan was established in 2013.
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in TOWER ENGINEERING PROFESSIONALS, INC 401(K) is 193
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Average Participant Retirement Account Value
In 2013, the average participant retirement account value for TOWER ENGINEERING PROFESSIONALS, INC 401(K) is $5,109.00
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for TOWER ENGINEERING PROFESSIONALS, INC 401(K) is $4,423.00.
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in TOWER ENGINEERING PROFESSIONALS, INC 401(K) is approximately $1,255.00
Investing in this additonal $1,255.00 for 20 years would give you extra $80,357.00, assuming a 10% annual return.
Investing in this additonal $1,255.00 for 20 years would give you extra $80,357.00, assuming a 10% annual return.
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Total Employer Contribution and Match Rate
In 2013, TOWER ENGINEERING PROFESSIONALS, INC 401(K) allocates $242,327.00 to match its employees' contributions, providing an employer match rate of 56.77% of their contributions
TOWER ENGINEERING PROFESSIONALS, INC 401(K) Expense Ratio
In 2013, the investment and administrative expense ratio of TOWER ENGINEERING PROFESSIONALS, INC 401(K) is 0.54%.
Enrollment Features
TOWER ENGINEERING PROFESSIONALS, INC 401(K) 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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