SAVE A LOT 401(K) PLAN

At the end of 2022, the total retirement plan assets of SAVE A LOT 401(K) PLAN is $111,073,629.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in SAVE A LOT 401(K) PLAN is 4430

In 2022, the average participant retirement account value for SAVE A LOT 401(K) PLAN is $25,073

In 2022, the estimated average employee contribution amount per participant for SAVE A LOT 401(K) PLAN is $1,004

In 2022, the estimated average employer match for an employee in SAVE A LOT 401(K) PLAN is approximately $779

In 2022, SAVE A LOT 401(K) PLAN allocates $3,451,922 to match its employees’ contributions, providing an employer match rate of 60.77% of their contributions

In 2022, the total retirement plan asset growth rate of SAVE A LOT 401(K) PLAN is -23.13%

In 2022, the estimated aggregate retirement account investment gain/loss for SAVE A LOT 401(K) PLAN is -13.48%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAVE A LOT 401(K) PLAN is 0.37%.

Enrollment Features

SAVE A LOT 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.