SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN
Plan Contact
- Address: 304 S. HARBOR CITY BLVD. SUITE 100,MELBOURNE,FL
- Contact person: SUANN NEGREY
- Phone: (321) 724-5566
Plan General Information
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is $8,499,273.00.This plan was established in 1984.
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is 108
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is $78,696.00
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is $3,257.00.
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is approximately $205.00
Investing in this additonal $205.00 for 20 years would give you extra $13,124.00, assuming a 10% annual return.
Investing in this additonal $205.00 for 20 years would give you extra $13,124.00, assuming a 10% annual return.
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Total Employer Contribution and Match Rate
In 2023, SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN allocates $22,148.00 to match its employees' contributions, providing an employer match rate of 12.59% of their contributions
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is -0.04%.
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is 14.29%. This measures the effectiveness of the plan participants' investments in the year.
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN is 0.03%.
Enrollment Features
SUPPORT SYSTEMS ASSOCIATES, INC. DEFERRED SALARY PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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