BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN

Plan Contact

  • Address: 150 THIRD AVENUE S, SUITE 2800,NASHVILLE,TN
  • Contact person: LORI PEFFER
  • Phone: (615) 259-6725

Plan General Information

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is $320,630,923.00.This plan was established in 1981.

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is 756

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is $424,114.00

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is $12,425.00.

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is approximately $12,787.00
Investing in this additonal $12,787.00 for 20 years would give you extra $818,404.00, assuming a 10% annual return.

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN allocates $9,667,408.00 to match its employees' contributions, providing an employer match rate of 108.29% of their contributions

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is 25.49%.

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is 19.45%. This measures the effectiveness of the plan participants' investments in the year.

BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BASS, BERRY & SIMS RETIREMENT & SAVINGS PLAN is 0.05%.

Enrollment Features

BASS, BERRY & SIMS RETIREMENT & SAVINGS 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.


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