SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN

Plan Contact

  • Address: 942 PHILADELPHIA STREET,INDIANA,PA
  • Contact person: GARET WESTON
  • Phone: (724) 463-1010

Plan General Information

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is $676,880.00.This plan was established in 1996.

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is 205

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is $3,301.00

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is $209.00.

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is approximately $60.00
Investing in this additonal $60.00 for 20 years would give you extra $3,895.00, assuming a 10% annual return.

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Total Employer Contribution and Match Rate

In 2022, SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN allocates $12,479.00 to match its employees' contributions, providing an employer match rate of 25.36% of their contributions

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is -21.65%.

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is -19.46%. This measures the effectiveness of the plan participants' investments in the year.

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of SENIOR CHOICE, INC. TAX SHELTERED SAVINGS PLAN is 1.40%.

Enrollment Features

SENIOR CHOICE, INC. TAX SHELTERED SAVINGS 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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