MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN

Plan Contact

  • Address: 5401 WEST 104TH STREET,LOS ANGELES,CA
  • Contact person: VICTOR DEMETRIOU
  • Phone: (310) 342-0980

Plan General Information

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is $25,116,824.00.This plan was established in 1997.

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is 393

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is $63,910.00

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is $1,884.00.

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is approximately $1,039.00
Investing in this additonal $1,039.00 for 20 years would give you extra $66,513.00, assuming a 10% annual return.

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN allocates $408,434.00 to match its employees' contributions, providing an employer match rate of 59.95% of their contributions

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is 24.46%.

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is 19.96%. This measures the effectiveness of the plan participants' investments in the year.

MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MAYESH WHOLESALE FLORIST, INC. 401(K) PLAN is 0.09%.

Enrollment Features

MAYESH WHOLESALE FLORIST, 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.

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