WEST-TECH CONTRACTING, INC. 401(K) PLAN

Plan Contact

  • Address: 568 N. TULIP STREET,ESCONDIDO,CA
  • Phone: (760) 233-2675

Plan General Information

WEST-TECH CONTRACTING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WEST-TECH CONTRACTING, INC. 401(K) PLAN is $14,472,176.00.This plan was established in 2004.

WEST-TECH CONTRACTING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WEST-TECH CONTRACTING, INC. 401(K) PLAN is 233

WEST-TECH CONTRACTING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WEST-TECH CONTRACTING, INC. 401(K) PLAN is $62,112.00

WEST-TECH CONTRACTING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WEST-TECH CONTRACTING, INC. 401(K) PLAN is $1,848.00.

WEST-TECH CONTRACTING, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WEST-TECH CONTRACTING, INC. 401(K) PLAN is approximately $7,011.00
Investing in this additonal $7,011.00 for 20 years would give you extra $448,742.00, assuming a 10% annual return.

WEST-TECH CONTRACTING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, WEST-TECH CONTRACTING, INC. 401(K) PLAN allocates $1,633,703.00 to match its employees' contributions, providing an employer match rate of 449.78% of their contributions

WEST-TECH CONTRACTING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WEST-TECH CONTRACTING, INC. 401(K) PLAN is 22.10%.

WEST-TECH CONTRACTING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WEST-TECH CONTRACTING, INC. 401(K) PLAN is 15.79%. This measures the effectiveness of the plan participants' investments in the year.

WEST-TECH CONTRACTING, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of WEST-TECH CONTRACTING, INC. 401(K) PLAN is 0.20%.

Enrollment Features

WEST-TECH CONTRACTING, INC. 401(K) 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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