PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 11311 MCCORMICK ROAD SUITE 500,,HUNT VALLEY,MD
  • Contact person: TARA BOLOTIN
  • Phone: (410) 821-7766

Plan General Information

PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN is 193

PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN is $3,251.00.

PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN is approximately $1,205.00
Investing in this additonal $1,205.00 for 20 years would give you extra $77,162.00, assuming a 10% annual return.

PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2022, PSA INSURANCE & FINANCIAL PARTNERS, LLC 401(K) PROFIT SHARING PLAN allocates $232,694.00 to match its employees' contributions, providing an employer match rate of 36.23% of their contributions

Enrollment Features

PSA INSURANCE & FINANCIAL PARTNERS, LLC 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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