HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN

Plan Contact

  • Address: 7737 FORMULA PLACE,SAN DIEGO,CA
  • Contact person: PAMELA MEADOWS
  • Phone: (858) 549-8568

Plan General Information

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is $2,188,544.00.This plan was established in 2012.

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is 120

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is $18,237.00

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is $2,663.00.

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is approximately $1,459.00
Investing in this additonal $1,459.00 for 20 years would give you extra $93,380.00, assuming a 10% annual return.

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN allocates $175,088.00 to match its employees' contributions, providing an employer match rate of 52.58% of their contributions

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is 1.75%.

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is -16.43%. This measures the effectiveness of the plan participants' investments in the year.

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN is 0.03%.

Enrollment Features

HY-LANG ELECTRIC CALIFORNIA 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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