COLINX RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 1 INDEPENDENCE POINTE,,GREENVILLE,SC
  • Contact person: ERIC LYNCH
  • Phone: (864) 777-9031

Plan General Information

COLINX RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COLINX RETIREMENT SAVINGS PLAN is $44,354,699.00.This plan was established in 2001.

COLINX RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COLINX RETIREMENT SAVINGS PLAN is 1338

COLINX RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COLINX RETIREMENT SAVINGS PLAN is $33,149.00

COLINX RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for COLINX RETIREMENT SAVINGS PLAN is $2,271.00.

COLINX RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COLINX RETIREMENT SAVINGS PLAN is approximately $1,829.00
Investing in this additonal $1,829.00 for 20 years would give you extra $117,111.00, assuming a 10% annual return.

COLINX RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, COLINX RETIREMENT SAVINGS PLAN allocates $2,448,357.00 to match its employees' contributions, providing an employer match rate of 87.28% of their contributions

COLINX RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COLINX RETIREMENT SAVINGS PLAN is 20.05%.

COLINX RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COLINX RETIREMENT SAVINGS PLAN is 20.38%. This measures the effectiveness of the plan participants' investments in the year.

COLINX RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of COLINX RETIREMENT SAVINGS PLAN is 0.16%.

Enrollment Features

COLINX RETIREMENT SAVINGS 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.


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