SST EMPLOYEE RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of SST EMPLOYEE RETIREMENT PLAN is $4,840,093.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in SST EMPLOYEE RETIREMENT PLAN is 270

In 2022, the average participant retirement account value for SST EMPLOYEE RETIREMENT PLAN is $17,926

In 2022, the estimated average employee contribution amount per participant for SST EMPLOYEE RETIREMENT PLAN is $2,513

In 2022, the estimated average employer match for an employee in SST EMPLOYEE RETIREMENT PLAN is approximately $1,509

In 2022, SST EMPLOYEE RETIREMENT PLAN allocates $407,466 to match its employees’ contributions, providing an employer match rate of 61.28% of their contributions

In 2022, the total retirement plan asset growth rate of SST EMPLOYEE RETIREMENT PLAN is 1.87%

In 2022, the estimated aggregate retirement account investment gain/loss for SST EMPLOYEE RETIREMENT PLAN is -14.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SST EMPLOYEE RETIREMENT PLAN is 0.50%.

Enrollment Features

SST EMPLOYEE RETIREMENT 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.