SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 31 ROBERTS RD,PINE GROVE,PA
- Contact person: NICHOLAS STANFILL
- Phone: (570) 915-1500
Plan General Information
SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN is 151
SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN is $1,298.00.
SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN is approximately $669.00
Investing in this additonal $669.00 for 20 years would give you extra $42,878.00, assuming a 10% annual return.
Investing in this additonal $669.00 for 20 years would give you extra $42,878.00, assuming a 10% annual return.
SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2022, SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING PLAN allocates $101,167.00 to match its employees' contributions, providing an employer match rate of 48.84% of their contributions
Enrollment Features
SOLAR INNOVATIONS, INC. - 401(K) PROFIT SHARING 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.
Recent Articles
- Special Issue: Staying the Course Amid Market Turmoil
- A Step-by-Step Guide to Finding Your Old 401(k) Account
- How Paying Credit Card Interest Often Hurts Your Credit Score
- The ABCs of Roth Conversions: Backdoor, Mega Backdoor, and More
- April 2025 MyPlanIQ Portfolio Update
- Paying Off Debt or Funding Retirement? How to Decide When Every Dollar Counts
- The Right Way to Withdraw from Your 401(k) Without Regret
- Retirement Plan Contribution Limits in 2025
- Need to Withdraw From Your 401(k)? Follow This Order: Hardship Withdrawal, 401(k) Loan, and Penalty Withdrawal
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …