401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER

Plan Contact

  • Address: 2707 S EAST AVE,FRESNO,CA
  • Contact person: KIM MESFIN
  • Phone: (559) 266-9531

Plan General Information

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is $4,249,756.00.This plan was established in 1981.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is 155

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Average Participant Retirement Account Value

In 2018, the average participant retirement account value for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is $27,417.00

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is $3,509.00.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is approximately $1,120.00
Investing in this additonal $1,120.00 for 20 years would give you extra $71,732.00, assuming a 10% annual return.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Total Employer Contribution and Match Rate

In 2018, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER allocates $173,726.00 to match its employees' contributions, providing an employer match rate of 63.87% of their contributions

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Total Retirement Plan Asset Growth Rate

In 2018, the total retirement plan asset growth rate of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is -3.98%.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Estimated Aggregate Retirement Account Investment Gain/Loss

In 2018, the estimated aggregate retirement account investment gain/loss for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is -4.39%. This measures the effectiveness of the plan participants' investments in the year.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER Expense Ratio

In 2018, the investment and administrative expense ratio of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER is 0.05%.

Enrollment Features

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY GMC D/B/A AFFINITY TRUCK CENTER has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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