WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST

Plan Contact

  • Contact person: SCOTT J. ALLEN
  • Phone: (801) 265-1000

Plan General Information

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is $2,498,643.00.This plan was established in 1992.

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is 149

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Average Participant Retirement Account Value

In 2000, the average participant retirement account value for WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is $16,769.00

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is $3,040.00.

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is approximately $980.00
Investing in this additonal $980.00 for 20 years would give you extra $62,742.00, assuming a 10% annual return.

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Total Employer Contribution and Match Rate

In 2000, WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST allocates $146,072.00 to match its employees' contributions, providing an employer match rate of 64.49% of their contributions

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is 30.28%.

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is 10.00%. This measures the effectiveness of the plan participants' investments in the year.

WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST Expense Ratio

In 2000, the investment and administrative expense ratio of WESTECH ENGINEERING,INC 401KRETIREMENT SAVINGS PLAN& TRUST is 0.02%.

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