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SELERIX SYSTEMS, INC.

Plan Contact

  • Address: 2851 CRAIG DRIVE,,MCKINNEY,TX
  • Contact person: CHRIS MCCOY, CFO
  • Phone: (469) 452-7076

Plan General Information

SELERIX SYSTEMS, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SELERIX SYSTEMS, INC. is $10,288,956.00.This plan was established in 2009.

SELERIX SYSTEMS, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SELERIX SYSTEMS, INC. is 116

SELERIX SYSTEMS, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SELERIX SYSTEMS, INC. is $88,697.00

SELERIX SYSTEMS, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SELERIX SYSTEMS, INC. is $15,640.00.

SELERIX SYSTEMS, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SELERIX SYSTEMS, INC. is approximately $3,618.00
Investing in this additonal $3,618.00 for 20 years would give you extra $231,576.00, assuming a 10% annual return.

SELERIX SYSTEMS, INC. Total Employer Contribution and Match Rate

In 2023, SELERIX SYSTEMS, INC. allocates $419,733.00 to match its employees' contributions, providing an employer match rate of 46.27% of their contributions

SELERIX SYSTEMS, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SELERIX SYSTEMS, INC. is 30.26%.

SELERIX SYSTEMS, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SELERIX SYSTEMS, INC. is 15.31%. This measures the effectiveness of the plan participants' investments in the year.

SELERIX SYSTEMS, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of SELERIX SYSTEMS, INC. is 0.04%.

Enrollment Features

SELERIX SYSTEMS, INC. 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.


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