MAGIC LAUNDRY, INC 401 (K) PLAN

Overview

Plan Contact

  • Address: 412 W. ROOSEVELT AVE.,MONTEBELLO,CA
  • Contact person: HARRY KERTENIAN
  • Phone: (626) 622-0777

Plan General Information


At the end of 2022, the total retirement plan assets of MAGIC LAUNDRY, INC 401 (K) PLAN is $41,324.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in MAGIC LAUNDRY, INC 401 (K) PLAN is 476

In 2022, the average participant retirement account value for MAGIC LAUNDRY, INC 401 (K) PLAN is $86

In 2022, the estimated average employee contribution amount per participant for MAGIC LAUNDRY, INC 401 (K) PLAN is $102


In 2022, the investment and administrative expense ratio of MAGIC LAUNDRY, INC 401 (K) PLAN is 1.09%.

Enrollment Features

MAGIC LAUNDRY, INC 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.