SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 11480 COMMERCE PARK DRIVE,,RESTON,VA
- Contact person: ANGELA WILSON
- Phone: (703) 463-3133
Plan General Information
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is $7,296,731.00.This plan was established in 2008.
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is 234
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is $31,182.00
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is $4,457.00.
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,528.00
Investing in this additonal $1,528.00 for 20 years would give you extra $97,809.00, assuming a 10% annual return.
Investing in this additonal $1,528.00 for 20 years would give you extra $97,809.00, assuming a 10% annual return.
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2023, SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST allocates $357,615.00 to match its employees' contributions, providing an employer match rate of 34.44% of their contributions
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is 9.73%.
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is 14.27%. This measures the effectiveness of the plan participants' investments in the year.
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST is 0.37%.
Enrollment Features
SEKON ENTERPRISE INC 401(K) PROFIT SHARING PLAN & TRUST 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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