SUPERIOR OPTICAL LABS, INC. 401(K) PLAN

Plan Contact

  • Address: 6525 SUNPLEX DRIVE,OCEAN SPRINGS,MS
  • Contact person: TONY JONES
  • Phone: (228) 875-3796

Plan General Information

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is $2,218,314.00.This plan was established in 2018.

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is 202

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is $10,981.00

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is $2,177.00.

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is approximately $1,255.00
Investing in this additonal $1,255.00 for 20 years would give you extra $80,373.00, assuming a 10% annual return.

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SUPERIOR OPTICAL LABS, INC. 401(K) PLAN allocates $253,680.00 to match its employees' contributions, providing an employer match rate of 68.72% of their contributions

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is 49.33%.

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is 16.79%. This measures the effectiveness of the plan participants' investments in the year.

SUPERIOR OPTICAL LABS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SUPERIOR OPTICAL LABS, INC. 401(K) PLAN is 1.43%.

Enrollment Features

SUPERIOR OPTICAL LABS, 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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