SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP
- Address: 2604 FORT BRAGG ROAD,FAYETTEVILLE,NC
- Phone: (910) 321-7773
SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP 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.
At the end of 2022, the total retirement plan assets of SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is $13,577,082.00.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is 262
In 2022, the average participant retirement account value for SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is $51,820.00
In 2022, the estimated average employee contribution amount per participant for SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is $2,636.00
In 2022, the estimated average employer match for an employee in SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is approximately $418.00
In 2022, SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP allocates $109,715.00 to match its employees' contributions, providing an employer match rate of 15.64% of their contributions
In 2022, the total retirement plan asset growth rate of SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is -9.45%
In 2022, the estimated aggregate retirement account investment gain/loss for SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is -12.06%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of SYSTEL BUSINESS EQUIPMENT CO., INC. 401(K) PSP is 0.06%.
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