SIMVENTIONS RETIREMENT PLAN

EIN: 541992646

Plan Overview & Key Metrics

SIMVENTIONS RETIREMENT PLAN is a defined contribution retirement plan offered by SIMVENTIONS, INC.. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

SIMVENTIONS RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2024, the total retirement plan assets of SIMVENTIONS RETIREMENT PLAN is $57,782,927.00. This plan was established in 2003.

SIMVENTIONS RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2024, the total number of retirement plan participants in SIMVENTIONS RETIREMENT PLAN is 481.

SIMVENTIONS RETIREMENT PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for SIMVENTIONS RETIREMENT PLAN is $120,130.00

SIMVENTIONS RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for SIMVENTIONS RETIREMENT PLAN is $9,033.00.

SIMVENTIONS RETIREMENT PLAN Estimated Average Employer Match

In 2024, the estimated average employer match for an employee in SIMVENTIONS RETIREMENT PLAN is approximately $3,625.00
Investing in this additional $3,625.00 for 20 years would give you extra $232,050.00, assuming a 10% annual return.

SIMVENTIONS RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2024, SIMVENTIONS RETIREMENT PLAN allocates $1,744,007.00 to match its employees’ contributions, providing an employer match rate of 44.03% of their contributions

SIMVENTIONS RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2024, the total retirement plan asset growth rate of SIMVENTIONS RETIREMENT PLAN is 21.74%.

SIMVENTIONS RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2024, the estimated aggregate retirement account investment gain/loss for SIMVENTIONS RETIREMENT PLAN is 14.54%. This measures the effectiveness of the plan participants’ investments in the year.

SIMVENTIONS RETIREMENT PLAN Expense Ratio

In 2024, the investment and administrative expense ratio of SIMVENTIONS RETIREMENT PLAN is 0.20%.

*Data from public filings (2024) 541992646-001 (old).

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

SIMVENTIONS RETIREMENT PLAN Contact Info:

Reach the plan administrator by phone:

  • Plan phone: (540) 372-7727

Please log in to view the contact name and other detailed contact information.

Enrollment & Brokerage Features

The following features describe how SIMVENTIONS RETIREMENT PLAN handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

SIMVENTIONS RETIREMENT 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.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of SIMVENTIONS RETIREMENT PLAN:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

Get Key Insights for This Plan

Join our community and get data-driven insights about SIMVENTIONS RETIREMENT PLAN. See how it compares to peer companies in fees, match generosity, and investment quality in its MyPlanIQ plan rating.

See this plan’s rating →

Questions about your 401(k) or retirement plan? Ask our team

Send us your question — about your plan, your investments, a lost 401(k) or anything on MyPlanIQ. A real person reads every message.

First Name
Email
Message
The form has been submitted successfully!
There has been some error while submitting the form. Please verify all form fields again.

Plan Rating

Not rated
See details

Keep researching SIMVENTIONS RETIREMENT PLAN

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.

Money headlines from this plan

These filing-based headlines surface the numbers most likely to affect a participant decision. Verify current plan documents before acting.

  • Average plan assets per reported participant: $120,131
    Based on the 2024 public filing. This is a plan-wide average, not a personal retirement target. Calculate a personal retirement target.
  • Employer contributions per reported participant: $3,626
    Based on the 2024 public filing. This reported average can include match, profit sharing, or other employer contributions. Review the match and contribution details.
  • Employee contributions per reported participant: $8,235
    Based on the 2024 public filing. Individual contribution rates vary with pay, eligibility, and participation. Model a contribution increase.
  • Reported administrative expenses as a share of assets: 0.20%
    Based on the 2024 public filing. This plan-level administrative ratio does not replace current fund expense ratios or participant fee disclosures. Estimate the long-term impact of fees.

401(k) research guides

Related Calculators

Related Plans