KORRUS INC 401(K) PLAN & TRUST

Plan Contact

  • Address: 837 NORTH SPRING STREET, SUITE 103,LOS ANGELES,CA
  • Contact person: STEVE GELSOMINI
  • Phone: (310) 496-6255

Plan General Information

KORRUS INC 401(K) PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KORRUS INC 401(K) PLAN & TRUST is $6,655,525.00.This plan was established in 2017.

KORRUS INC 401(K) PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KORRUS INC 401(K) PLAN & TRUST is 231

KORRUS INC 401(K) PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KORRUS INC 401(K) PLAN & TRUST is $28,811.00

KORRUS INC 401(K) PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KORRUS INC 401(K) PLAN & TRUST is $8,317.00.

KORRUS INC 401(K) PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KORRUS INC 401(K) PLAN & TRUST is approximately $1.00
Investing in this additonal $1.00 for 20 years would give you extra $93.00, assuming a 10% annual return.

KORRUS INC 401(K) PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, KORRUS INC 401(K) PLAN & TRUST allocates $336.00 to match its employees' contributions, providing an employer match rate of 0.03% of their contributions

KORRUS INC 401(K) PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KORRUS INC 401(K) PLAN & TRUST is 21.21%.

KORRUS INC 401(K) PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KORRUS INC 401(K) PLAN & TRUST is 19.87%. This measures the effectiveness of the plan participants' investments in the year.

KORRUS INC 401(K) PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of KORRUS INC 401(K) PLAN & TRUST is 0.20%.

Enrollment Features

KORRUS INC 401(K) PLAN & TRUST 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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