SEA-TAC ELECTRIC RETIREMENT PLAN

Plan Contact

  • Address: 7056 S 220TH STREET,KENT,WA
  • Contact person: JEN GONNER
  • Phone: (253) 868-2353

Plan General Information

SEA-TAC ELECTRIC RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of SEA-TAC ELECTRIC RETIREMENT PLAN is $7,691,174.00.This plan was established in 1995.

SEA-TAC ELECTRIC RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SEA-TAC ELECTRIC RETIREMENT PLAN is 142

SEA-TAC ELECTRIC RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SEA-TAC ELECTRIC RETIREMENT PLAN is $54,163.00

SEA-TAC ELECTRIC RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SEA-TAC ELECTRIC RETIREMENT PLAN is $3,936.00.

SEA-TAC ELECTRIC RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SEA-TAC ELECTRIC RETIREMENT PLAN is approximately $2,104.00
Investing in this additonal $2,104.00 for 20 years would give you extra $134,663.00, assuming a 10% annual return.

SEA-TAC ELECTRIC RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, SEA-TAC ELECTRIC RETIREMENT PLAN allocates $298,785.00 to match its employees' contributions, providing an employer match rate of 50.10% of their contributions

SEA-TAC ELECTRIC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of SEA-TAC ELECTRIC RETIREMENT PLAN is -10.58%.

SEA-TAC ELECTRIC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for SEA-TAC ELECTRIC RETIREMENT PLAN is -16.74%. This measures the effectiveness of the plan participants' investments in the year.

SEA-TAC ELECTRIC RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of SEA-TAC ELECTRIC RETIREMENT PLAN is 0.53%.

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