DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN

  • Address: 20945 OSBORNE ST,CANOGA PARK,CA
  • Contact person: SCOTT AARON
  • Phone: (818) 998-0853

DESOTO SALES, INC. 401(K) PROFIT SHARING 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 DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is $13,433,201.00.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is 146

In 2022, the average participant retirement account value for DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is $92,008.00

In 2022, the estimated average employee contribution amount per participant for DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is $3,194.00

In 2022, the estimated average employer match for an employee in DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is approximately $3,984.00

In 2022, DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN allocates $581,711.00 to match its employees' contributions, providing an employer match rate of 127.78% of their contributions

In 2022, the total retirement plan asset growth rate of DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is -8.28%

In 2022, the estimated aggregate retirement account investment gain/loss for DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is -12.58%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN is 0.13%.

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