RENOVA ENERGY CORP. 401(K) PLAN

Plan Contact

  • Address: 75181 MEDITERRANEAN AVENUE,PALM DESERT,CA
  • Contact person: AARON GAMEZ
  • Phone: (760) 568-3413

Plan General Information

RENOVA ENERGY CORP. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of RENOVA ENERGY CORP. 401(K) PLAN is $283,751.00.This plan was established in 2022.

RENOVA ENERGY CORP. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in RENOVA ENERGY CORP. 401(K) PLAN is 132

RENOVA ENERGY CORP. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for RENOVA ENERGY CORP. 401(K) PLAN is $2,149.00

RENOVA ENERGY CORP. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for RENOVA ENERGY CORP. 401(K) PLAN is $2,864.00.

RENOVA ENERGY CORP. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in RENOVA ENERGY CORP. 401(K) PLAN is approximately $748.00
Investing in this additonal $748.00 for 20 years would give you extra $47,875.00, assuming a 10% annual return.

RENOVA ENERGY CORP. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, RENOVA ENERGY CORP. 401(K) PLAN allocates $98,744.00 to match its employees' contributions, providing an employer match rate of 52.23% of their contributions

RENOVA ENERGY CORP. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of RENOVA ENERGY CORP. 401(K) PLAN is 0.24%.

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