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TRANSCO 401(K) RETIREMENT SAVINGS PLAN

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Plan General Information

TRANSCO 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in TRANSCO 401(K) RETIREMENT SAVINGS PLAN is 177

TRANSCO 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for TRANSCO 401(K) RETIREMENT SAVINGS PLAN is $569.00.

TRANSCO 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in TRANSCO 401(K) RETIREMENT SAVINGS PLAN is approximately $1,582.00
Investing in this additonal $1,582.00 for 20 years would give you extra $101,294.00, assuming a 10% annual return.

TRANSCO 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2020, TRANSCO 401(K) RETIREMENT SAVINGS PLAN allocates $280,142.00 to match its employees' contributions, providing an employer match rate of 555.53% of their contributions

Enrollment Features

TRANSCO 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.

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