WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: P.O. BOX 610,DEVILS LAKE,ND
- Contact person: TODD HEILMAN
- Phone: (701) 665-1816
Plan General Information
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is $20,444,357.00.This plan was established in 1976.
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is 321
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is $63,689.00
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is $6,100.00.
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is approximately $1,105.00
Investing in this additonal $1,105.00 for 20 years would give you extra $70,777.00, assuming a 10% annual return.
Investing in this additonal $1,105.00 for 20 years would give you extra $70,777.00, assuming a 10% annual return.
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN allocates $354,994.00 to match its employees' contributions, providing an employer match rate of 20.03% of their contributions
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is 29.32%.
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is 17.84%. This measures the effectiveness of the plan participants' investments in the year.
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING PLAN is 0.00%.
Enrollment Features
WESTERN STATE AGENCY, INC. 401(K) PROFIT SHARING 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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