RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY

Plan Contact

  • Address: P.O. BOX 2511,WINSTON-SALEM,NC
  • Contact person: ROBIN KIRBY
  • Phone: (336) 727-2648

Plan General Information

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is $8,302,416.00.This plan was established in 1985.

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is 339

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Average Participant Retirement Account Value

In 2020, the average participant retirement account value for RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is $24,490.00

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is $2,045.00.

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is approximately $1,037.00
Investing in this additonal $1,037.00 for 20 years would give you extra $66,369.00, assuming a 10% annual return.

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Total Employer Contribution and Match Rate

In 2020, RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY allocates $351,549.00 to match its employees' contributions, providing an employer match rate of 101.40% of their contributions

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is 9.77%.

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is 6.31%. This measures the effectiveness of the plan participants' investments in the year.

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY Expense Ratio

In 2020, the investment and administrative expense ratio of RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY is 0.50%.

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