BESTWAY RENTAL, INC. 401(K) PLAN
Plan Contact
- Address: 2703 TELECOM PARKWAY, SUITE 190,RICHARDSON,TX
- Contact person: BETH A. DURRETT
- Phone: (214) 630-6655
Plan General Information
BESTWAY RENTAL, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BESTWAY RENTAL, INC. 401(K) PLAN is $7,365,626.00.This plan was established in 1994.
BESTWAY RENTAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BESTWAY RENTAL, INC. 401(K) PLAN is 248
BESTWAY RENTAL, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BESTWAY RENTAL, INC. 401(K) PLAN is $29,700.00
BESTWAY RENTAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BESTWAY RENTAL, INC. 401(K) PLAN is $3,417.00.
BESTWAY RENTAL, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BESTWAY RENTAL, INC. 401(K) PLAN is approximately $1,047.00
Investing in this additonal $1,047.00 for 20 years would give you extra $67,032.00, assuming a 10% annual return.
Investing in this additonal $1,047.00 for 20 years would give you extra $67,032.00, assuming a 10% annual return.
BESTWAY RENTAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, BESTWAY RENTAL, INC. 401(K) PLAN allocates $259,751.00 to match its employees' contributions, providing an employer match rate of 61.29% of their contributions
BESTWAY RENTAL, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BESTWAY RENTAL, INC. 401(K) PLAN is -1.11%.
BESTWAY RENTAL, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BESTWAY RENTAL, INC. 401(K) PLAN is 4.61%. This measures the effectiveness of the plan participants' investments in the year.
BESTWAY RENTAL, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BESTWAY RENTAL, INC. 401(K) PLAN is 0.58%.
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