SALON SERVICES & SUPPLIES, INC. 401K PLAN

Plan Contact

  • Address: 49 37TH STREET NW,AUBURN,WA
  • Contact person: JEANNA BOSCIA
  • Phone: (253) 344-0914

Plan General Information

SALON SERVICES & SUPPLIES, INC. 401K PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of SALON SERVICES & SUPPLIES, INC. 401K PLAN is $4,788,219.00.This plan was established in 2022.

SALON SERVICES & SUPPLIES, INC. 401K PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in SALON SERVICES & SUPPLIES, INC. 401K PLAN is 148

SALON SERVICES & SUPPLIES, INC. 401K PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for SALON SERVICES & SUPPLIES, INC. 401K PLAN is $32,352.00

SALON SERVICES & SUPPLIES, INC. 401K PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for SALON SERVICES & SUPPLIES, INC. 401K PLAN is $2,402.00.

SALON SERVICES & SUPPLIES, INC. 401K PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in SALON SERVICES & SUPPLIES, INC. 401K PLAN is approximately $1,237.00
Investing in this additonal $1,237.00 for 20 years would give you extra $79,199.00, assuming a 10% annual return.

SALON SERVICES & SUPPLIES, INC. 401K PLAN Total Employer Contribution and Match Rate

In 2021, SALON SERVICES & SUPPLIES, INC. 401K PLAN allocates $183,149.00 to match its employees' contributions, providing an employer match rate of 51.50% of their contributions

SALON SERVICES & SUPPLIES, INC. 401K PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of SALON SERVICES & SUPPLIES, INC. 401K PLAN is -13.40%.

SALON SERVICES & SUPPLIES, INC. 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for SALON SERVICES & SUPPLIES, INC. 401K PLAN is 17.44%. This measures the effectiveness of the plan participants' investments in the year.

SALON SERVICES & SUPPLIES, INC. 401K PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of SALON SERVICES & SUPPLIES, INC. 401K PLAN is 0.32%.

Enrollment Features

SALON SERVICES & SUPPLIES, INC. 401K 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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