SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN
Plan Contact
- Address: 701 28TH ST S,FARGO,ND
- Contact person: DENELLE BERG
- Phone: (701) 280-3400
Plan General Information
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is $8,487,940.00.This plan was established in 1995.
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is 182
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is $46,637.00
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is $3,776.00.
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is approximately $967.00
Investing in this additonal $967.00 for 20 years would give you extra $61,905.00, assuming a 10% annual return.
Investing in this additonal $967.00 for 20 years would give you extra $61,905.00, assuming a 10% annual return.
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN allocates $176,044.00 to match its employees' contributions, providing an employer match rate of 27.18% of their contributions
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is -16.39%.
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is -16.69%. This measures the effectiveness of the plan participants' investments in the year.
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) PLAN is 0.33%.
Enrollment Features
SKL, INC. DBA HOME HEATING & PLUMBING AND HOME & HEARTH 401(K) 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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