SS8 NETWORKS 401(K) PLAN

At the end of 2022, the total retirement plan assets of SS8 NETWORKS 401(K) PLAN is $15,032,209.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in SS8 NETWORKS 401(K) PLAN is 125

In 2022, the average participant retirement account value for SS8 NETWORKS 401(K) PLAN is $120,257

In 2022, the estimated average employee contribution amount per participant for SS8 NETWORKS 401(K) PLAN is $7,303

In 2022, the estimated average employer match for an employee in SS8 NETWORKS 401(K) PLAN is approximately $1,271

In 2022, SS8 NETWORKS 401(K) PLAN allocates $158,954 to match its employees’ contributions, providing an employer match rate of 17.34% of their contributions

In 2022, the total retirement plan asset growth rate of SS8 NETWORKS 401(K) PLAN is -20.99%

In 2022, the estimated aggregate retirement account investment gain/loss for SS8 NETWORKS 401(K) PLAN is -17.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SS8 NETWORKS 401(K) PLAN is -0.14%.

Enrollment Features

SS8 NETWORKS 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.