KNOWESIS RETIREMENT PLAN

Plan Contact

  • Address: 8280 WILLOW OAKS CORP DR,,FAIRFAX,VA
  • Phone: (703) 942-8560

Plan General Information

KNOWESIS RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KNOWESIS RETIREMENT PLAN is $15,169,692.00.This plan was established in 2008.

KNOWESIS RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KNOWESIS RETIREMENT PLAN is 247

KNOWESIS RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KNOWESIS RETIREMENT PLAN is $61,415.00

KNOWESIS RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KNOWESIS RETIREMENT PLAN is $5,749.00.

KNOWESIS RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KNOWESIS RETIREMENT PLAN is approximately $5,010.00
Investing in this additonal $5,010.00 for 20 years would give you extra $320,700.00, assuming a 10% annual return.

KNOWESIS RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, KNOWESIS RETIREMENT PLAN allocates $1,237,702.00 to match its employees' contributions, providing an employer match rate of 89.69% of their contributions

KNOWESIS RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KNOWESIS RETIREMENT PLAN is 31.83%.

KNOWESIS RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KNOWESIS RETIREMENT PLAN is 16.35%. This measures the effectiveness of the plan participants' investments in the year.

KNOWESIS RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of KNOWESIS RETIREMENT PLAN is 0.19%.

Enrollment Features

KNOWESIS RETIREMENT 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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