NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN

Plan Contact

  • Address: 2000 AVENUE OF THE STARS 810-N,,LOS ANGELES,CA
  • Contact person: PLAN SPONSOR
  • Phone: (224) 795-5145

Plan General Information

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is $9,158,372.00.This plan was established in 2022.

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is 106

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is $86,399.00

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is $567.00.

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is -2.65%.

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is 17.23%. This measures the effectiveness of the plan participants' investments in the year.

NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of NEWNET COMMUNICATION TECHNOLOGIES 401(K) PLAN is 0.13%.

Enrollment Features

NEWNET COMMUNICATION TECHNOLOGIES 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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