SECTEK SAVINGS AND RETIREMENT PLAN

Plan Contact

  • Address: 1650 TYSONS BLVD. SUITE 925,TYSONS,VA
  • Phone: (571) 234-4688

Plan General Information

SECTEK SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SECTEK SAVINGS AND RETIREMENT PLAN is $4,263,872.00.This plan was established in 1993.

SECTEK SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SECTEK SAVINGS AND RETIREMENT PLAN is 714

SECTEK SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SECTEK SAVINGS AND RETIREMENT PLAN is $5,971.00

SECTEK SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SECTEK SAVINGS AND RETIREMENT PLAN is $390.00.

SECTEK SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SECTEK SAVINGS AND RETIREMENT PLAN is 7.29%.

SECTEK SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SECTEK SAVINGS AND RETIREMENT PLAN is 14.37%. This measures the effectiveness of the plan participants' investments in the year.

SECTEK SAVINGS AND RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SECTEK SAVINGS AND RETIREMENT PLAN is 1.26%.

Enrollment Features

SECTEK SAVINGS AND RETIREMENT PLAN 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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