SALTWATER RESTAURANTS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: P.O. BOX 5497,DESTIN,FL
  • Contact person: NICK SARRA
  • Phone: (850) 650-4725

Plan General Information


At the end of 2022, the total retirement plan assets of SALTWATER RESTAURANTS, INC. 401(K) PLAN is $576,840.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in SALTWATER RESTAURANTS, INC. 401(K) PLAN is 233

In 2022, the average participant retirement account value for SALTWATER RESTAURANTS, INC. 401(K) PLAN is $2,475

In 2022, the estimated average employee contribution amount per participant for SALTWATER RESTAURANTS, INC. 401(K) PLAN is $398

In 2022, the estimated average employer match for an employee in SALTWATER RESTAURANTS, INC. 401(K) PLAN is approximately $247

In 2022, SALTWATER RESTAURANTS, INC. 401(K) PLAN allocates $57,758 to match its employees’ contributions, providing an employer match rate of 62.26% of their contributions

In 2022, the total retirement plan asset growth rate of SALTWATER RESTAURANTS, INC. 401(K) PLAN is 9.02%

In 2022, the estimated aggregate retirement account investment gain/loss for SALTWATER RESTAURANTS, INC. 401(K) PLAN is -14.62%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SALTWATER RESTAURANTS, INC. 401(K) PLAN is 0.08%.

Enrollment Features