NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN

  • Address: 9340 OWENSMOUTH AVENUE,CHATSWORTH,CA
  • Contact person: RUPINDERJIT CATUNA
  • Phone: (818) 734-6500

NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.

At the end of 2022, the total retirement plan assets of NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is $75,998,055.00.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is 1282

In 2022, the average participant retirement account value for NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is $59,280.00

In 2022, the estimated average employee contribution amount per participant for NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is $3,160.00

In 2022, the estimated average employer match for an employee in NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is approximately $685.00

In 2022, NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN allocates $878,670.00 to match its employees' contributions, providing an employer match rate of 21.10% of their contributions

In 2022, the total retirement plan asset growth rate of NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is -18.03%

In 2022, the estimated aggregate retirement account investment gain/loss for NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is -14.72%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of NEO TECH EMPLOYEE 401(K) SAVINGS & INVESTMENT PLAN is 0.13%.

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