POHANKA OF SALISBURY, INC. 401(K) PLAN

Plan Contact

  • Address: 25260 PLEASANT VALLEY ROAD,CHANTILLY,VA
  • Contact person: CHRISTOPHER HULSE
  • Phone: (703) 502-3760

Plan General Information

POHANKA OF SALISBURY, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of POHANKA OF SALISBURY, INC. 401(K) PLAN is $18,046,723.00.This plan was established in 1975.

POHANKA OF SALISBURY, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in POHANKA OF SALISBURY, INC. 401(K) PLAN is 581

POHANKA OF SALISBURY, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for POHANKA OF SALISBURY, INC. 401(K) PLAN is $31,061.00

POHANKA OF SALISBURY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for POHANKA OF SALISBURY, INC. 401(K) PLAN is $4,198.00.

POHANKA OF SALISBURY, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in POHANKA OF SALISBURY, INC. 401(K) PLAN is approximately $1,616.00
Investing in this additonal $1,616.00 for 20 years would give you extra $103,462.00, assuming a 10% annual return.

POHANKA OF SALISBURY, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, POHANKA OF SALISBURY, INC. 401(K) PLAN allocates $939,241.00 to match its employees' contributions, providing an employer match rate of 44.61% of their contributions

POHANKA OF SALISBURY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of POHANKA OF SALISBURY, INC. 401(K) PLAN is 31.95%.

POHANKA OF SALISBURY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for POHANKA OF SALISBURY, INC. 401(K) PLAN is 15.44%. This measures the effectiveness of the plan participants' investments in the year.

POHANKA OF SALISBURY, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of POHANKA OF SALISBURY, INC. 401(K) PLAN is 0.38%.

Enrollment Features

POHANKA OF SALISBURY, INC. 401(K) 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.

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