WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan Contact
- Address: P.O. BOX 697,WEST MEMPHIS,AR
- Contact person: SHERILYN MONTGOMERY
- Phone: (870) 735-8244
Plan General Information
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is $4,288,963.00.This plan was established in 2005.
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is 136
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is $31,536.00
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is $3,150.00.
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $2,431.00
Investing in this additonal $2,431.00 for 20 years would give you extra $155,631.00, assuming a 10% annual return.
Investing in this additonal $2,431.00 for 20 years would give you extra $155,631.00, assuming a 10% annual return.
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2022, WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $330,717.00 to match its employees' contributions, providing an employer match rate of 78.05% of their contributions
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is -8.22%.
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is -15.93%. This measures the effectiveness of the plan participants' investments in the year.
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.93%.
Enrollment Features
WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS 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.
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