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MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN

Plan Contact

  • Address: 17811 FITCH,IRVINE,CA
  • Contact person: JOANNE CORRAO
  • Phone: (949) 833-8886

Plan General Information

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Total Retirement Plan Assets

At the end of 2010, the total retirement plan assets of MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is $13,800,603.00.This plan was established in 1994.

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2010, the total number of retirement plan participants in MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is 132

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Average Participant Retirement Account Value

In 2010, the average participant retirement account value for MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is $104,550.00

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is $7,770.00.

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Estimated Average Employer Match

In 2010, the estimated average employer match for an employee in MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is approximately $2,168.00
Investing in this additonal $2,168.00 for 20 years would give you extra $138,811.00, assuming a 10% annual return.

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Total Employer Contribution and Match Rate

In 2010, MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN allocates $286,299.00 to match its employees' contributions, providing an employer match rate of 55.82% of their contributions

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2010, the total retirement plan asset growth rate of MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is 15.99%.

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2010, the estimated aggregate retirement account investment gain/loss for MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is 14.21%. This measures the effectiveness of the plan participants' investments in the year.

MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN Expense Ratio

In 2010, the investment and administrative expense ratio of MOMENTUM TEXTILES, INC. EMPLOYEES' 401(K) PLAN is 0.20%.

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