SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN
Plan Contact
- Address: 118 CASS AVENUE,MT. CLEMENS,MI
- Contact person: SUSAN BUCKNA
- Phone: (586) 468-7370
Plan General Information
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is $3,994,527.00.This plan was established in 1989.
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is 297
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is $13,449.00
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is $1,067.00.
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is approximately $310.00
Investing in this additonal $310.00 for 20 years would give you extra $19,860.00, assuming a 10% annual return.
Investing in this additonal $310.00 for 20 years would give you extra $19,860.00, assuming a 10% annual return.
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN allocates $92,163.00 to match its employees' contributions, providing an employer match rate of 32.41% of their contributions
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is 17.88%.
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is 16.51%. This measures the effectiveness of the plan participants' investments in the year.
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING PLAN is 0.53%.
Enrollment Features
SVS VISION, INC. UNION EMPLOYEES 401 K PROFIT SHARING 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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