SUMMIT TECHNOLOGIES, INC. 401(K) PLAN
Plan Contact
- Address: 331 NORTH REUS STREET,PENSACOLA,FL
- Contact person: KELSEY ELLIS
- Phone: (407) 645-2326
Plan General Information
SUMMIT TECHNOLOGIES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in SUMMIT TECHNOLOGIES, INC. 401(K) PLAN is 148
SUMMIT TECHNOLOGIES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for SUMMIT TECHNOLOGIES, INC. 401(K) PLAN is $7,583.00.
SUMMIT TECHNOLOGIES, INC. 401(K) PLAN Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in SUMMIT TECHNOLOGIES, INC. 401(K) PLAN is approximately $1,727.00
Investing in this additonal $1,727.00 for 20 years would give you extra $110,569.00, assuming a 10% annual return.
Investing in this additonal $1,727.00 for 20 years would give you extra $110,569.00, assuming a 10% annual return.
SUMMIT TECHNOLOGIES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2018, SUMMIT TECHNOLOGIES, INC. 401(K) PLAN allocates $255,691.00 to match its employees' contributions, providing an employer match rate of 45.56% of their contributions
Enrollment Features
SUMMIT 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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