KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 215 W DAKOTA AVENUE,CLOVIS,CA
  • Contact person: DEAN ALEXANDER
  • Phone: (559) 348-2200

Plan General Information


At the end of 2022, the total retirement plan assets of KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is $13,746,168.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is 336

In 2022, the average participant retirement account value for KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is $40,911

In 2022, the estimated average employee contribution amount per participant for KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is $2,443

In 2022, the estimated average employer match for an employee in KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is approximately $744

In 2022, KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN allocates $250,000 to match its employees’ contributions, providing an employer match rate of 32.27% of their contributions

In 2022, the total retirement plan asset growth rate of KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is -23.60%

In 2022, the estimated aggregate retirement account investment gain/loss for KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is -19.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN is 0.53%.

Enrollment Features

KRAZAN & ASSOC. 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.