WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN)
Plan Contact
- Address: PO BOX 372587,CAYEY,PR
- Contact person: ANNETTE FAVORITE
- Phone: (787) 747-4900
Plan General Information
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Total Retirement Plan Assets
At the end of 2016, the total retirement plan assets of WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is $3,987,114.00.This plan was established in 1993.
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is 211
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Average Participant Retirement Account Value
In 2016, the average participant retirement account value for WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is $18,896.00
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is $1,912.00.
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is approximately $613.00
Investing in this additonal $613.00 for 20 years would give you extra $39,241.00, assuming a 10% annual return.
Investing in this additonal $613.00 for 20 years would give you extra $39,241.00, assuming a 10% annual return.
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Total Employer Contribution and Match Rate
In 2016, WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) allocates $129,374.00 to match its employees' contributions, providing an employer match rate of 64.13% of their contributions
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Total Retirement Plan Asset Growth Rate
In 2016, the total retirement plan asset growth rate of WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is 13.68%.
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Estimated Aggregate Retirement Account Investment Gain/Loss
In 2016, the estimated aggregate retirement account investment gain/loss for WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is 9.33%. This measures the effectiveness of the plan participants' investments in the year.
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) Expense Ratio
In 2016, the investment and administrative expense ratio of WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. PLAN) is 0.13%.
Enrollment Features
WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN (FKA TECH GROUP PUERTO RICO SAVINGS AND RET. 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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