SCM OPERATIONS LLC - 401(K) PLAN
- Address: 5825 NORTH SAM HOUSTON PARKWAY,,HOUSTON,TX
- Contact person: JENNY REED
- Phone: (281) 949-8794
SCM OPERATIONS LLC - 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.
At the end of 2022, the total retirement plan assets of SCM OPERATIONS LLC - 401(K) PLAN is $4,984,495.00.This plan was established in 2020.
At the end of 2022, the total number of retirement plan participants in SCM OPERATIONS LLC - 401(K) PLAN is 160
In 2022, the average participant retirement account value for SCM OPERATIONS LLC - 401(K) PLAN is $31,153.00
In 2022, the estimated average employee contribution amount per participant for SCM OPERATIONS LLC - 401(K) PLAN is $9,612.00
In 2022, the estimated average employer match for an employee in SCM OPERATIONS LLC - 401(K) PLAN is approximately $6,331.00
In 2022, SCM OPERATIONS LLC - 401(K) PLAN allocates $1,013,101.00 to match its employees' contributions, providing an employer match rate of 72.19% of their contributions
In 2022, the total retirement plan asset growth rate of SCM OPERATIONS LLC - 401(K) PLAN is 41.23%
In 2022, the estimated aggregate retirement account investment gain/loss for SCM OPERATIONS LLC - 401(K) PLAN is -14.81%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of SCM OPERATIONS LLC - 401(K) PLAN is 0.38%.
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