SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE

Plan Contact

  • Address: 1215 K ST, STE 1400, PO BOX 1736,SACRAMENTO,CA
  • Contact person: JENNIFER BARRERA
  • Phone: (916) 444-6670

Plan General Information

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is $34,368,773.00.This plan was established in 1997.

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is 157

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is $218,909.00

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is $6,738.00.

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is approximately $6,888.00
Investing in this additonal $6,888.00 for 20 years would give you extra $440,869.00, assuming a 10% annual return.

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Total Employer Contribution and Match Rate

In 2023, SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE allocates $1,081,508.00 to match its employees' contributions, providing an employer match rate of 101.25% of their contributions

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is 7.14%.

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is 14.94%. This measures the effectiveness of the plan participants' investments in the year.

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE Expense Ratio

In 2023, the investment and administrative expense ratio of SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE is 0.21%.

Enrollment Features

SAVINGS PLAN FOR EMPLOYEES OF CALIFORNIA CHAMBER OF COMMERCE 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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