WESTFIELD STEEL RETIREMENT PLAN
Plan Contact
- Address: 530 STATE ROAD 32 WEST,WESTFIELD,IN
- Contact person: FREDERICK PRINE
- Phone: (317) 896-5587
Plan General Information
WESTFIELD STEEL RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of WESTFIELD STEEL RETIREMENT PLAN is $1,899,288.00.This plan was established in 1995.
WESTFIELD STEEL RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in WESTFIELD STEEL RETIREMENT PLAN is 95
WESTFIELD STEEL RETIREMENT PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for WESTFIELD STEEL RETIREMENT PLAN is $19,992.00
WESTFIELD STEEL RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for WESTFIELD STEEL RETIREMENT PLAN is $1,871.00.
WESTFIELD STEEL RETIREMENT PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in WESTFIELD STEEL RETIREMENT PLAN is approximately $1,275.00
Investing in this additonal $1,275.00 for 20 years would give you extra $81,638.00, assuming a 10% annual return.
Investing in this additonal $1,275.00 for 20 years would give you extra $81,638.00, assuming a 10% annual return.
WESTFIELD STEEL RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2022, WESTFIELD STEEL RETIREMENT PLAN allocates $121,182.00 to match its employees' contributions, providing an employer match rate of 60.53% of their contributions
WESTFIELD STEEL RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of WESTFIELD STEEL RETIREMENT PLAN is -9.90%.
WESTFIELD STEEL RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for WESTFIELD STEEL RETIREMENT PLAN is -16.12%. This measures the effectiveness of the plan participants' investments in the year.
WESTFIELD STEEL RETIREMENT PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of WESTFIELD STEEL RETIREMENT PLAN is 0.97%.
Enrollment Features
WESTFIELD STEEL RETIREMENT 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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