SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN

Plan Contact

  • Address: 3725 NOBEL CT.,,MIRA LOMA,CA
  • Contact person: MARTY BREEN
  • Phone: (951) 727-0477

Plan General Information

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is $7,721,927.00.This plan was established in 1998.

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is 256

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is $30,163.00

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is $3,821.00.

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is approximately $1,249.00
Investing in this additonal $1,249.00 for 20 years would give you extra $79,939.00, assuming a 10% annual return.

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN allocates $319,758.00 to match its employees' contributions, providing an employer match rate of 36.30% of their contributions

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is -13.49%.

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is -16.92%. This measures the effectiveness of the plan participants' investments in the year.

SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of SOUTHWEST MATERIAL HANDLING, INC. 401(K) PLAN is 0.40%.

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