LASERTEL, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 7775 NORTH CASA GRANDE HWY.,TUSCON,AZ
  • Contact person: GLADYS WALKER
  • Phone: (520) 744-5701

Plan General Information

LASERTEL, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of LASERTEL, INC. 401(K) RETIREMENT PLAN is $6,285,438.00.This plan was established in 2000.

LASERTEL, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in LASERTEL, INC. 401(K) RETIREMENT PLAN is 122

LASERTEL, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for LASERTEL, INC. 401(K) RETIREMENT PLAN is $51,519.00

LASERTEL, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for LASERTEL, INC. 401(K) RETIREMENT PLAN is $8,995.00.

LASERTEL, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in LASERTEL, INC. 401(K) RETIREMENT PLAN is approximately $2,368.00
Investing in this additonal $2,368.00 for 20 years would give you extra $151,568.00, assuming a 10% annual return.

LASERTEL, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2016, LASERTEL, INC. 401(K) RETIREMENT PLAN allocates $288,928.00 to match its employees' contributions, providing an employer match rate of 52.65% of their contributions

LASERTEL, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of LASERTEL, INC. 401(K) RETIREMENT PLAN is 17.14%.

LASERTEL, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for LASERTEL, INC. 401(K) RETIREMENT PLAN is 8.34%. This measures the effectiveness of the plan participants' investments in the year.

LASERTEL, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of LASERTEL, INC. 401(K) RETIREMENT PLAN is 0.04%.

Enrollment Features

LASERTEL, INC. 401(K) 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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