MONTEREY PACIFIC, INC. RETIREMENT PLAN

Plan Contact

  • Address: 40410 ARROYO SECO ROAD,SOLEDAD,CA
  • Contact person: STEVE MCINTYRE
  • Phone: (831) 678-4845

Plan General Information

MONTEREY PACIFIC, INC. RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MONTEREY PACIFIC, INC. RETIREMENT PLAN is $8,057,047.00.This plan was established in 1993.

MONTEREY PACIFIC, INC. RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MONTEREY PACIFIC, INC. RETIREMENT PLAN is 190

MONTEREY PACIFIC, INC. RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MONTEREY PACIFIC, INC. RETIREMENT PLAN is $42,405.00

MONTEREY PACIFIC, INC. RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MONTEREY PACIFIC, INC. RETIREMENT PLAN is $7,346.00.

MONTEREY PACIFIC, INC. RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MONTEREY PACIFIC, INC. RETIREMENT PLAN is approximately $695.00
Investing in this additonal $695.00 for 20 years would give you extra $44,487.00, assuming a 10% annual return.

MONTEREY PACIFIC, INC. RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, MONTEREY PACIFIC, INC. RETIREMENT PLAN allocates $132,071.00 to match its employees' contributions, providing an employer match rate of 18.92% of their contributions

MONTEREY PACIFIC, INC. RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MONTEREY PACIFIC, INC. RETIREMENT PLAN is 20.98%.

MONTEREY PACIFIC, INC. RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MONTEREY PACIFIC, INC. RETIREMENT PLAN is 11.27%. This measures the effectiveness of the plan participants' investments in the year.

MONTEREY PACIFIC, INC. RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MONTEREY PACIFIC, INC. RETIREMENT PLAN is 0.60%.

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