SKT TECHNOLOGIES, INC. 401(K) PLAN
Plan Contact
- Address: 3030 NORTHERN BLVD STE 403,LONG ISLAND CITY,NY
- Contact person: ADAM JACKSON
- Phone: (917) 565-8831
Plan General Information
SKT TECHNOLOGIES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SKT TECHNOLOGIES, INC. 401(K) PLAN is $1,584,587.00.This plan was established in 2023.
SKT TECHNOLOGIES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SKT TECHNOLOGIES, INC. 401(K) PLAN is 79
SKT TECHNOLOGIES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SKT TECHNOLOGIES, INC. 401(K) PLAN is $20,058.00
SKT TECHNOLOGIES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SKT TECHNOLOGIES, INC. 401(K) PLAN is $14,323.00.
SKT TECHNOLOGIES, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SKT TECHNOLOGIES, INC. 401(K) PLAN is approximately $2,482.00
Investing in this additonal $2,482.00 for 20 years would give you extra $158,909.00, assuming a 10% annual return.
Investing in this additonal $2,482.00 for 20 years would give you extra $158,909.00, assuming a 10% annual return.
SKT TECHNOLOGIES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, SKT TECHNOLOGIES, INC. 401(K) PLAN allocates $196,154.00 to match its employees' contributions, providing an employer match rate of 34.67% of their contributions
SKT TECHNOLOGIES, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SKT TECHNOLOGIES, INC. 401(K) PLAN is 0.10%.
Enrollment Features
SKT TECHNOLOGIES, INC. 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.
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