FASTCO INDUSTRIES, INC. 401(K) PLAN
- Address: P.O. BOX 141427,GRAND RAPIDS,MI
- Contact person: BRUCE TAP
- Phone: (616) 389-1418
FASTCO INDUSTRIES, INC. 401(K) 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.
At the end of 2022, the total retirement plan assets of FASTCO INDUSTRIES, INC. 401(K) PLAN is $6,046,270.00.This plan was established in 1978.
At the end of 2022, the total number of retirement plan participants in FASTCO INDUSTRIES, INC. 401(K) PLAN is 144
In 2022, the average participant retirement account value for FASTCO INDUSTRIES, INC. 401(K) PLAN is $41,987.00
In 2022, the estimated average employee contribution amount per participant for FASTCO INDUSTRIES, INC. 401(K) PLAN is $1,866.00
In 2022, the estimated average employer match for an employee in FASTCO INDUSTRIES, INC. 401(K) PLAN is approximately $641.00
In 2022, FASTCO INDUSTRIES, INC. 401(K) PLAN allocates $92,427.00 to match its employees' contributions, providing an employer match rate of 33.12% of their contributions
In 2022, the total retirement plan asset growth rate of FASTCO INDUSTRIES, INC. 401(K) PLAN is -25.13%
In 2022, the estimated aggregate retirement account investment gain/loss for FASTCO INDUSTRIES, INC. 401(K) PLAN is -18.30%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of FASTCO INDUSTRIES, INC. 401(K) PLAN is 0.16%.
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