PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 1901 WEST AIRPORT FREEWAY,BEDFORD,TX
  • Contact person: PHILLIP GALYEN
  • Phone: (817) 868-5500

Plan General Information


At the end of 2022, the total retirement plan assets of PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is $1,850,572.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is 118

In 2022, the average participant retirement account value for PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is $15,682

In 2022, the estimated average employee contribution amount per participant for PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is $1,877

In 2022, the estimated average employer match for an employee in PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is approximately $94

In 2022, PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN allocates $11,109 to match its employees’ contributions, providing an employer match rate of 4.73% of their contributions

In 2022, the total retirement plan asset growth rate of PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is -15.25%

In 2022, the estimated aggregate retirement account investment gain/loss for PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is -19.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PHILLIP GALYEN PC 401(K) PROFIT SHARING PLAN is 0.37%.

Enrollment Features

PHILLIP GALYEN PC 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.