SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN

Plan Contact

  • Address: 5775 WAYZATA BOULEVARD,,MINNEAPOLIS,MN
  • Contact person: STEPHANIE BALL
  • Phone: (952) 345-6327

Plan General Information

SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN is 953

SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN is $1,025.00.

SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN is approximately $171.00
Investing in this additonal $171.00 for 20 years would give you extra $10,962.00, assuming a 10% annual return.

SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN Total Employer Contribution and Match Rate

In 2021, SENTAGE CORPORATION SAVINGS AND INCENTIVE PLAN allocates $163,238.00 to match its employees' contributions, providing an employer match rate of 16.70% of their contributions

Enrollment Features

SENTAGE CORPORATION SAVINGS AND INCENTIVE 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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