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KERN OIL & REFINING COMPANY PENSION PLAN

Plan Contact

  • Address: 7724 E. PANAMA LANE,BAKERSFIELD,CA
  • Contact person: MARIA LOUEY
  • Phone: (661) 845-0761

Plan General Information

KERN OIL & REFINING COMPANY PENSION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KERN OIL & REFINING COMPANY PENSION PLAN is $14,914,343.00.This plan was established in 1982.

KERN OIL & REFINING COMPANY PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KERN OIL & REFINING COMPANY PENSION PLAN is 225

KERN OIL & REFINING COMPANY PENSION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KERN OIL & REFINING COMPANY PENSION PLAN is $66,285.00

KERN OIL & REFINING COMPANY PENSION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KERN OIL & REFINING COMPANY PENSION PLAN is approximately $3,622.00
Investing in this additonal $3,622.00 for 20 years would give you extra $231,811.00, assuming a 10% annual return.

KERN OIL & REFINING COMPANY PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KERN OIL & REFINING COMPANY PENSION PLAN is 23.29%.

KERN OIL & REFINING COMPANY PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KERN OIL & REFINING COMPANY PENSION PLAN is 21.65%. This measures the effectiveness of the plan participants' investments in the year.

KERN OIL & REFINING COMPANY PENSION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of KERN OIL & REFINING COMPANY PENSION PLAN is 0.25%.

Enrollment Features

KERN OIL & REFINING COMPANY PENSION 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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