RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC
Plan Contact
- Address: 2511 S. WEST TEMPLE,SALT LAKE CITY,UT
- Contact person: STEVEN STOUT
- Phone: (801) 462-1400
Plan General Information
RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC is 168
RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC is $1,165.00.
RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC is approximately $458.00
Investing in this additonal $458.00 for 20 years would give you extra $29,327.00, assuming a 10% annual return.
Investing in this additonal $458.00 for 20 years would give you extra $29,327.00, assuming a 10% annual return.
RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC Total Employer Contribution and Match Rate
In 2019, RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC allocates $76,984.00 to match its employees' contributions, providing an employer match rate of 78.64% of their contributions
Enrollment Features
RETIREMENT INCOME SECURITY PLAN-SORENSON GENOMICS, LLC 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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