WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN

Plan Contact

  • Contact person: ROBERT LESSMANN
  • Phone: (801) 451-9191

Plan General Information

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is $1,407,595.00.This plan was established in 1991.

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is 16

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Average Participant Retirement Account Value

In 2002, the average participant retirement account value for WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is $87,974.00

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is $16,692.00.

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is approximately $4,173.00
Investing in this additonal $4,173.00 for 20 years would give you extra $267,080.00, assuming a 10% annual return.

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Total Employer Contribution and Match Rate

In 2002, WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN allocates $66,770.00 to match its employees' contributions, providing an employer match rate of 50.00% of their contributions

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is 3.24%.

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is -9.52%. This measures the effectiveness of the plan participants' investments in the year.

WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN Expense Ratio

In 2002, the investment and administrative expense ratio of WESTEST ENGINEERING EMPLOYEES RETIREMENT PENSION PLAN is 0.00%.

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