SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN

Plan Contact

  • Address: 4 CAMPUS DRIVE,PARSIPPANY,NJ
  • Contact person: SARAH RICH
  • Phone: (973) 285-4737

Plan General Information

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is $10,520,480.00.This plan was established in 1989.

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is 200

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is $52,602.00

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is $6,726.00.

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is -2.51%.

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is 15.00%. This measures the effectiveness of the plan participants' investments in the year.

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 401(K) SAVINGS PLAN is 0.02%.

Enrollment Features

SUMMIT RISK MANAGEMENT, INC. EMPLOYEES 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.


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