SILVER AIR RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 225 STATE STREET,SANTA BARBARA,CA
  • Contact person: ANTHONY SCHUCK
  • Phone: (805) 456-7063

Plan General Information

SILVER AIR RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of SILVER AIR RETIREMENT SAVINGS PLAN is $2,436,349.00.This plan was established in 2021.

SILVER AIR RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SILVER AIR RETIREMENT SAVINGS PLAN is 138

SILVER AIR RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SILVER AIR RETIREMENT SAVINGS PLAN is $17,654.00

SILVER AIR RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SILVER AIR RETIREMENT SAVINGS PLAN is $10,808.00.

SILVER AIR RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SILVER AIR RETIREMENT SAVINGS PLAN is approximately $3,295.00
Investing in this additonal $3,295.00 for 20 years would give you extra $210,934.00, assuming a 10% annual return.

SILVER AIR RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2022, SILVER AIR RETIREMENT SAVINGS PLAN allocates $454,827.00 to match its employees' contributions, providing an employer match rate of 60.98% of their contributions

SILVER AIR RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of SILVER AIR RETIREMENT SAVINGS PLAN is 41.29%.

SILVER AIR RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for SILVER AIR RETIREMENT SAVINGS PLAN is -15.23%. This measures the effectiveness of the plan participants' investments in the year.

SILVER AIR RETIREMENT SAVINGS PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of SILVER AIR RETIREMENT SAVINGS PLAN is 0.89%.

Enrollment Features

SILVER AIR RETIREMENT SAVINGS 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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