SAFE SAVER 401(K) PLAN

Overview

Plan Contact

  • Address: PO BOX 291990,EL PASO,TX
  • Contact person: JAIME HERRERA
  • Phone: (915) 590-9700

Plan General Information


At the end of 2022, the total retirement plan assets of SAFE SAVER 401(K) PLAN is $284,373.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in SAFE SAVER 401(K) PLAN is 138

In 2022, the average participant retirement account value for SAFE SAVER 401(K) PLAN is $2,060

In 2022, the estimated average employee contribution amount per participant for SAFE SAVER 401(K) PLAN is $847

In 2022, the estimated average employer match for an employee in SAFE SAVER 401(K) PLAN is approximately $466

In 2022, SAFE SAVER 401(K) PLAN allocates $64,388 to match its employees’ contributions, providing an employer match rate of 57.34% of their contributions

In 2022, the total retirement plan asset growth rate of SAFE SAVER 401(K) PLAN is 87.85%

In 2022, the estimated aggregate retirement account investment gain/loss for SAFE SAVER 401(K) PLAN is -11.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAFE SAVER 401(K) PLAN is 2.30%.

Enrollment Features

SAFE SAVER 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.