SILVERCHAIR HOLDINGS, INC. 401(K) PLAN
Plan Contact
- Address: 316 E MAIN ST STE 300,CHARLOTTESVILLE,VA
- Contact person: SUSAN DAWSON
- Phone: (434) 296-6333
Plan General Information
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is $8,628,697.00.This plan was established in 2010.
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is 166
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is $51,980.00
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is $9,798.00.
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is approximately $1,490.00
Investing in this additonal $1,490.00 for 20 years would give you extra $95,408.00, assuming a 10% annual return.
Investing in this additonal $1,490.00 for 20 years would give you extra $95,408.00, assuming a 10% annual return.
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2019, SILVERCHAIR HOLDINGS, INC. 401(K) PLAN allocates $247,467.00 to match its employees' contributions, providing an employer match rate of 30.43% of their contributions
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is 33.03%.
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is 23.29%. This measures the effectiveness of the plan participants' investments in the year.
SILVERCHAIR HOLDINGS, INC. 401(K) PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of SILVERCHAIR HOLDINGS, INC. 401(K) PLAN is 0.12%.
Enrollment Features
SILVERCHAIR HOLDINGS, INC. 401(K) 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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