SOFTWARE SPECIALISTS, INC. 401(K) PLAN
Plan Contact
- Address: 401 SMITH DRIVE,,CRANBERRY TOWNSHIP,PA
- Contact person: SCOTT POLIZIANI
- Phone: (724) 933-6100
Plan General Information
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SOFTWARE SPECIALISTS, INC. 401(K) PLAN is $8,287,329.00.This plan was established in 1998.
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SOFTWARE SPECIALISTS, INC. 401(K) PLAN is 460
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SOFTWARE SPECIALISTS, INC. 401(K) PLAN is $18,015.00
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SOFTWARE SPECIALISTS, INC. 401(K) PLAN is $2,079.00.
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SOFTWARE SPECIALISTS, INC. 401(K) PLAN is approximately $481.00
Investing in this additonal $481.00 for 20 years would give you extra $30,796.00, assuming a 10% annual return.
Investing in this additonal $481.00 for 20 years would give you extra $30,796.00, assuming a 10% annual return.
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, SOFTWARE SPECIALISTS, INC. 401(K) PLAN allocates $221,353.00 to match its employees' contributions, providing an employer match rate of 23.06% of their contributions
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SOFTWARE SPECIALISTS, INC. 401(K) PLAN is 7.63%.
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SOFTWARE SPECIALISTS, INC. 401(K) PLAN is 17.35%. This measures the effectiveness of the plan participants' investments in the year.
SOFTWARE SPECIALISTS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SOFTWARE SPECIALISTS, INC. 401(K) PLAN is 0.00%.
Enrollment Features
SOFTWARE SPECIALISTS, 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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