WELDMAC TAX FAVORED SAVINGS/

Plan Contact

  • Address: P.O. BOX 1510,PINE VALLEY,CA
  • Contact person: SHIRLEY HORNER
  • Phone: (619) 440-2300

Plan General Information

WELDMAC TAX FAVORED SAVINGS/ Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WELDMAC TAX FAVORED SAVINGS/ is 146

WELDMAC TAX FAVORED SAVINGS/ Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WELDMAC TAX FAVORED SAVINGS/ is $4,056.00.

WELDMAC TAX FAVORED SAVINGS/ Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WELDMAC TAX FAVORED SAVINGS/ is approximately $327.00
Investing in this additonal $327.00 for 20 years would give you extra $20,961.00, assuming a 10% annual return.

WELDMAC TAX FAVORED SAVINGS/ Total Employer Contribution and Match Rate

In 2023, WELDMAC TAX FAVORED SAVINGS/ allocates $47,819.00 to match its employees' contributions, providing an employer match rate of 16.15% of their contributions

Enrollment Features

WELDMAC TAX FAVORED SAVINGS/ 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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