SHAMIN MANAGEMENT, LLC
Plan Contact
- Address: 300 EAST FRANKLIN STREET,RICHMOND,VA
- Contact person: SHANNON FLYNN
- Phone: (804) 777-9000
Plan General Information
SHAMIN MANAGEMENT, LLC Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SHAMIN MANAGEMENT, LLC is $6,539,648.00.This plan was established in 2000.
SHAMIN MANAGEMENT, LLC Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SHAMIN MANAGEMENT, LLC is 1387
SHAMIN MANAGEMENT, LLC Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SHAMIN MANAGEMENT, LLC is $4,714.00
SHAMIN MANAGEMENT, LLC Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SHAMIN MANAGEMENT, LLC is $1,103.00.
SHAMIN MANAGEMENT, LLC Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SHAMIN MANAGEMENT, LLC is approximately $87.00
Investing in this additonal $87.00 for 20 years would give you extra $5,608.00, assuming a 10% annual return.
Investing in this additonal $87.00 for 20 years would give you extra $5,608.00, assuming a 10% annual return.
SHAMIN MANAGEMENT, LLC Total Employer Contribution and Match Rate
In 2023, SHAMIN MANAGEMENT, LLC allocates $121,543.00 to match its employees' contributions, providing an employer match rate of 15.89% of their contributions
SHAMIN MANAGEMENT, LLC Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SHAMIN MANAGEMENT, LLC is 25.28%.
SHAMIN MANAGEMENT, LLC Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SHAMIN MANAGEMENT, LLC is 18.41%. This measures the effectiveness of the plan participants' investments in the year.
SHAMIN MANAGEMENT, LLC Expense Ratio
In 2023, the investment and administrative expense ratio of SHAMIN MANAGEMENT, LLC is 0.23%.
Enrollment Features
SHAMIN MANAGEMENT, LLC 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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