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SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN

Plan Contact

  • Address: ONE PARKVIEW PLAZA,OAKBROOK TERRACE,IL
  • Contact person: JEANINE DARBY
  • Phone: (630) 570-3765

Plan General Information

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is $174,574,654.00.This plan was established in 2003.

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is 1556

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is $112,194.00

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is $5,323.00.

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is approximately $1,913.00
Investing in this additonal $1,913.00 for 20 years would give you extra $122,495.00, assuming a 10% annual return.

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN allocates $2,978,174.00 to match its employees' contributions, providing an employer match rate of 36.78% of their contributions

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is 81.17%.

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is 95.68%. This measures the effectiveness of the plan participants' investments in the year.

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) PLAN is 0.07%.

Enrollment Features

SIRVA EMPLOYEE SAVINGS PLAN AND TRUST - 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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