OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 5100 E 78TH AVE,COMMERCE CITY,CO
- Contact person: ALEX STEPHENSON
- Phone: (303) 297-3835
Plan General Information
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is $4,429,360.00.This plan was established in 2012.
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is 130
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2020, the average participant retirement account value for OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is $34,072.00
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is $8,917.00.
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,482.00
Investing in this additonal $2,482.00 for 20 years would give you extra $158,867.00, assuming a 10% annual return.
Investing in this additonal $2,482.00 for 20 years would give you extra $158,867.00, assuming a 10% annual return.
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2020, OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $322,700.00 to match its employees' contributions, providing an employer match rate of 55.67% of their contributions
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is 34.91%.
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is 15.79%. This measures the effectiveness of the plan participants' investments in the year.
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2020, the investment and administrative expense ratio of OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST is 0.12%.
Enrollment Features
OFFEN PETROLEUM LLC 401(K) PROFIT SHARING PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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