CHARLES LEA CENTER RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 195 BURDETTE ST,SPARTANBURG,SC
  • Contact person: ROBERT DECKER
  • Phone: (864) 562-2109

Plan General Information

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is $3,632,783.00.This plan was established in 2009.

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is 718

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is $5,059.00

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is $889.00.

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is approximately $149.00
Investing in this additonal $149.00 for 20 years would give you extra $9,546.00, assuming a 10% annual return.

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2021, CHARLES LEA CENTER RETIREMENT SAVINGS PLAN allocates $107,103.00 to match its employees' contributions, providing an employer match rate of 33.55% of their contributions

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is 24.46%.

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is 28.98%. This measures the effectiveness of the plan participants' investments in the year.

CHARLES LEA CENTER RETIREMENT SAVINGS PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of CHARLES LEA CENTER RETIREMENT SAVINGS PLAN is 1.04%.

Enrollment Features

CHARLES LEA CENTER RETIREMENT SAVINGS 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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