SOMATUS INC. 401K PLAN
Plan Contact
- Address: 1861 INTERNATIONAL DRIVE, #600,MCLEAN,VA
- Contact person: MEREDITH MILLER
- Phone: (571) 212-0956
Plan General Information
SOMATUS INC. 401K PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of SOMATUS INC. 401K PLAN is $9,292,668.00.This plan was established in 2016.
SOMATUS INC. 401K PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in SOMATUS INC. 401K PLAN is 1369
SOMATUS INC. 401K PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for SOMATUS INC. 401K PLAN is $6,787.00
SOMATUS INC. 401K PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for SOMATUS INC. 401K PLAN is $5,778.00.
SOMATUS INC. 401K PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in SOMATUS INC. 401K PLAN is approximately $0.00
Investing in this additonal $0.00 for 20 years would give you extra $36.00, assuming a 10% annual return.
Investing in this additonal $0.00 for 20 years would give you extra $36.00, assuming a 10% annual return.
SOMATUS INC. 401K PLAN Total Employer Contribution and Match Rate
In 2022, SOMATUS INC. 401K PLAN allocates $776.00 to match its employees' contributions, providing an employer match rate of 0.02% of their contributions
SOMATUS INC. 401K PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of SOMATUS INC. 401K PLAN is 72.17%.
SOMATUS INC. 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for SOMATUS INC. 401K PLAN is -15.30%. This measures the effectiveness of the plan participants' investments in the year.
SOMATUS INC. 401K PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of SOMATUS INC. 401K PLAN is 0.14%.
Enrollment Features
SOMATUS INC. 401K 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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