SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN

Plan Contact

  • Address: PO BOX 7487,SPRINGFIELD,OR
  • Phone: (541) 736-7600

Plan General Information

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is $40,861,029.00.This plan was established in 1987.

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is 555

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is $73,623.00

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is $4,105.00.

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is approximately $4,163.00
Investing in this additonal $4,163.00 for 20 years would give you extra $266,489.00, assuming a 10% annual return.

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Total Employer Contribution and Match Rate

In 2023, SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN allocates $2,310,961.00 to match its employees' contributions, providing an employer match rate of 109.19% of their contributions

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is 16.95%.

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is 16.18%. This measures the effectiveness of the plan participants' investments in the year.

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION PLAN is 0.25%.

Enrollment Features

SELCO COMMUNITY CREDIT UNION RETIREMENT CONTRIBUTION 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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