SUSSER BANK 401(K)

Plan Contact

  • Address: 3030 MATLOCK ROAD,,ARLINGTON,TX
  • Contact person: KIM VINCENT
  • Phone: (817) 987-2398

Plan General Information

SUSSER BANK 401(K) Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SUSSER BANK 401(K) is $14,061,243.00.This plan was established in 2012.

SUSSER BANK 401(K) Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SUSSER BANK 401(K) is 313

SUSSER BANK 401(K) Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SUSSER BANK 401(K) is $44,924.00

SUSSER BANK 401(K) Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SUSSER BANK 401(K) is $5,512.00.

SUSSER BANK 401(K) Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SUSSER BANK 401(K) is approximately $1,892.00
Investing in this additonal $1,892.00 for 20 years would give you extra $121,148.00, assuming a 10% annual return.

SUSSER BANK 401(K) Total Employer Contribution and Match Rate

In 2023, SUSSER BANK 401(K) allocates $592,491.00 to match its employees' contributions, providing an employer match rate of 38.18% of their contributions

SUSSER BANK 401(K) Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SUSSER BANK 401(K) is 13.01%.

SUSSER BANK 401(K) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SUSSER BANK 401(K) is 17.94%. This measures the effectiveness of the plan participants' investments in the year.

SUSSER BANK 401(K) Expense Ratio

In 2023, the investment and administrative expense ratio of SUSSER BANK 401(K) is 0.34%.

Enrollment Features

SUSSER BANK 401(K) 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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