SAVE-A-LOT 401(K) PLAN

Overview

Plan Contact

  • Address: 6 SUDBROOK LANE,BALTIMORE,MD
  • Contact person: BARBARA SHAPIRO
  • Phone: (410) 415-5102

Plan General Information


At the end of 2022, the total retirement plan assets of SAVE-A-LOT 401(K) PLAN is $1,375,597.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in SAVE-A-LOT 401(K) PLAN is 121

In 2022, the average participant retirement account value for SAVE-A-LOT 401(K) PLAN is $11,368

In 2022, the estimated average employee contribution amount per participant for SAVE-A-LOT 401(K) PLAN is $1,079

In 2022, the estimated average employer match for an employee in SAVE-A-LOT 401(K) PLAN is approximately $564

In 2022, SAVE-A-LOT 401(K) PLAN allocates $68,245 to match its employees’ contributions, providing an employer match rate of 52.89% of their contributions

In 2022, the total retirement plan asset growth rate of SAVE-A-LOT 401(K) PLAN is -12.43%

In 2022, the estimated aggregate retirement account investment gain/loss for SAVE-A-LOT 401(K) PLAN is -22.60%. 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 0.30%.

Enrollment Features

SAVE-A-LOT 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.