NEW TEK, INC. 401(K) PS PLAN
Plan Contact
- Address: 5131 BECKWITH,SAN ANTONIO,TX
- Contact person: MARK EDWARD AGUIRRE
- Phone: (210) 370-8242
Plan General Information
NEW TEK, INC. 401(K) PS PLAN Total Retirement Plan Assets
At the end of 2018, the total retirement plan assets of NEW TEK, INC. 401(K) PS PLAN is $10,482,009.00.This plan was established in 1996.
NEW TEK, INC. 401(K) PS PLAN Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in NEW TEK, INC. 401(K) PS PLAN is 144
NEW TEK, INC. 401(K) PS PLAN Average Participant Retirement Account Value
In 2018, the average participant retirement account value for NEW TEK, INC. 401(K) PS PLAN is $72,791.00
NEW TEK, INC. 401(K) PS PLAN Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for NEW TEK, INC. 401(K) PS PLAN is $8,423.00.
NEW TEK, INC. 401(K) PS PLAN Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in NEW TEK, INC. 401(K) PS PLAN is approximately $1,354.00
Investing in this additonal $1,354.00 for 20 years would give you extra $86,707.00, assuming a 10% annual return.
Investing in this additonal $1,354.00 for 20 years would give you extra $86,707.00, assuming a 10% annual return.
NEW TEK, INC. 401(K) PS PLAN Total Employer Contribution and Match Rate
In 2018, NEW TEK, INC. 401(K) PS PLAN allocates $195,091.00 to match its employees' contributions, providing an employer match rate of 32.17% of their contributions
NEW TEK, INC. 401(K) PS PLAN Total Retirement Plan Asset Growth Rate
In 2018, the total retirement plan asset growth rate of NEW TEK, INC. 401(K) PS PLAN is -2.23%.
NEW TEK, INC. 401(K) PS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2018, the estimated aggregate retirement account investment gain/loss for NEW TEK, INC. 401(K) PS PLAN is -4.50%. This measures the effectiveness of the plan participants' investments in the year.
NEW TEK, INC. 401(K) PS PLAN Expense Ratio
In 2018, the investment and administrative expense ratio of NEW TEK, INC. 401(K) PS PLAN is 0.08%.
Enrollment Features
NEW TEK, INC. 401(K) PS 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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