WESTMONT GROUP EMPLOYEES' 401(K) PLAN
Plan Contact
- Address: 10805 PAINTER AVENUE,SANTA FE SPRINGS,CA
- Contact person: LILIA MALDONADO
- Phone: (562) 906-9308
Plan General Information
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WESTMONT GROUP EMPLOYEES' 401(K) PLAN is $18,233,398.00.This plan was established in 1998.
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WESTMONT GROUP EMPLOYEES' 401(K) PLAN is 258
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WESTMONT GROUP EMPLOYEES' 401(K) PLAN is $70,672.00
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WESTMONT GROUP EMPLOYEES' 401(K) PLAN is $7,961.00.
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WESTMONT GROUP EMPLOYEES' 401(K) PLAN is approximately $1,853.00
Investing in this additonal $1,853.00 for 20 years would give you extra $118,635.00, assuming a 10% annual return.
Investing in this additonal $1,853.00 for 20 years would give you extra $118,635.00, assuming a 10% annual return.
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, WESTMONT GROUP EMPLOYEES' 401(K) PLAN allocates $478,250.00 to match its employees' contributions, providing an employer match rate of 46.56% of their contributions
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WESTMONT GROUP EMPLOYEES' 401(K) PLAN is 19.27%.
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WESTMONT GROUP EMPLOYEES' 401(K) PLAN is 14.23%. This measures the effectiveness of the plan participants' investments in the year.
WESTMONT GROUP EMPLOYEES' 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of WESTMONT GROUP EMPLOYEES' 401(K) PLAN is 0.23%.
Enrollment Features
WESTMONT GROUP EMPLOYEES' 401(K) 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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