FORREST MACHINING, INC. 401(K) PLAN

  • Address: 27756 AVENUE MENTRY,VALENCIA,CA
  • Phone: (661) 257-0231

FORREST MACHINING, 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 2021, the total retirement plan assets of FORREST MACHINING, INC. 401(K) PLAN is $7,223,264.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in FORREST MACHINING, INC. 401(K) PLAN is 240

In 2021, the average participant retirement account value for FORREST MACHINING, INC. 401(K) PLAN is $30,096.00

In 2021, the estimated average employee contribution amount per participant for FORREST MACHINING, INC. 401(K) PLAN is $1,878.00

In 2021, the estimated average employer match for an employee in FORREST MACHINING, INC. 401(K) PLAN is approximately $969.00

In 2021, FORREST MACHINING, INC. 401(K) PLAN allocates $232,745.00 to match its employees' contributions, providing an employer match rate of 51.62% of their contributions

In 2021, the total retirement plan asset growth rate of FORREST MACHINING, INC. 401(K) PLAN is 6.75%

In 2021, the estimated aggregate retirement account investment gain/loss for FORREST MACHINING, INC. 401(K) PLAN is 7.01%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of FORREST MACHINING, INC. 401(K) PLAN is 0.08%.

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