SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA

Plan Contact

  • Address: 1615 H STREET, N.W.,WASHINGTON,DC
  • Contact person: KERI LEHTOLA
  • Phone: (202) 463-5391

Plan General Information

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is $193,200,601.00.This plan was established in 1984.

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is 1144

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is $168,881.00

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is $6,233.00.

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is approximately $6,049.00
Investing in this additonal $6,049.00 for 20 years would give you extra $387,136.00, assuming a 10% annual return.

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Total Employer Contribution and Match Rate

In 2023, SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA allocates $6,920,061.00 to match its employees' contributions, providing an employer match rate of 101.39% of their contributions

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is 20.52%.

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is 20.23%. This measures the effectiveness of the plan participants' investments in the year.

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA Expense Ratio

In 2023, the investment and administrative expense ratio of SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA is 0.07%.

Enrollment Features

SMART PLAN FOR EMPLOYEES OF THE CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA 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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