SSR MINING INC. 401(K) & SAVINGS PLAN

Plan Contact

  • Address: 6900 LAYTON AVENUE,,DENVER,CO
  • Contact person: JASMINE MILLER
  • Phone: (720) 996-0120

Plan General Information

SSR MINING INC. 401(K) & SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SSR MINING INC. 401(K) & SAVINGS PLAN is $76,776,459.00.This plan was established in 2014.

SSR MINING INC. 401(K) & SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SSR MINING INC. 401(K) & SAVINGS PLAN is 665

SSR MINING INC. 401(K) & SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SSR MINING INC. 401(K) & SAVINGS PLAN is $115,453.00

SSR MINING INC. 401(K) & SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SSR MINING INC. 401(K) & SAVINGS PLAN is $16,480.00.

SSR MINING INC. 401(K) & SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SSR MINING INC. 401(K) & SAVINGS PLAN is approximately $6,996.00
Investing in this additonal $6,996.00 for 20 years would give you extra $447,800.00, assuming a 10% annual return.

SSR MINING INC. 401(K) & SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, SSR MINING INC. 401(K) & SAVINGS PLAN allocates $4,652,928.00 to match its employees' contributions, providing an employer match rate of 84.91% of their contributions

SSR MINING INC. 401(K) & SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SSR MINING INC. 401(K) & SAVINGS PLAN is 13.52%.

SSR MINING INC. 401(K) & SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SSR MINING INC. 401(K) & SAVINGS PLAN is 12.30%. This measures the effectiveness of the plan participants' investments in the year.

SSR MINING INC. 401(K) & SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SSR MINING INC. 401(K) & SAVINGS PLAN is 0.08%.

Enrollment Features

SSR MINING INC. 401(K) & 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.
    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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