SALAMANDER 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 3074 ZULLA ROAD,THE PLAINS,VA
  • Contact person: GIARDY RITZ
  • Phone: (703) 879-3426

Plan General Information


At the end of 2022, the total retirement plan assets of SALAMANDER 401(K) RETIREMENT PLAN is $27,159,847.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in SALAMANDER 401(K) RETIREMENT PLAN is 1247

In 2022, the average participant retirement account value for SALAMANDER 401(K) RETIREMENT PLAN is $21,780

In 2022, the estimated average employee contribution amount per participant for SALAMANDER 401(K) RETIREMENT PLAN is $1,955

In 2022, the estimated average employer match for an employee in SALAMANDER 401(K) RETIREMENT PLAN is approximately $570

In 2022, SALAMANDER 401(K) RETIREMENT PLAN allocates $711,428 to match its employees’ contributions, providing an employer match rate of 27.70% of their contributions

In 2022, the total retirement plan asset growth rate of SALAMANDER 401(K) RETIREMENT PLAN is -8.98%

In 2022, the estimated aggregate retirement account investment gain/loss for SALAMANDER 401(K) RETIREMENT PLAN is -13.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SALAMANDER 401(K) RETIREMENT PLAN is 0.29%.

Enrollment Features

SALAMANDER 401(K) RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.