PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 18 CAMPUS BOULEVARD,,NEWTON SQUARE,PA
- Contact person: RACHEL CELIBERTI
- Phone: (609) 405-3062
Plan General Information
At the end of 2022, the total retirement plan assets of PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is $12,843,442.This plan was established in 2012.
At the end of 2022, the total number of retirement plan participants in PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is 181
In 2022, the average participant retirement account value for PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is $70,958
In 2022, the estimated average employee contribution amount per participant for PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is $2,246
In 2022, the estimated average employer match for an employee in PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is approximately $1,322
In 2022, PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN allocates $239,365 to match its employees’ contributions, providing an employer match rate of 35.10% of their contributions
In 2022, the total retirement plan asset growth rate of PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is 0.00%
In 2022, the estimated aggregate retirement account investment gain/loss for PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is 150.84%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS PLAN is 0.07%.
Enrollment Features
PHILADELPHIA ENERGY SOLUTIONS 401(K) SAVINGS 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.