SORAA, INC. 401(K) PLAN

Plan Contact

  • Address: 6500 KAISER DRIVE,FREMONT,CA
  • Contact person: HOLLY TARBET
  • Phone: (510) 456-2296

Plan General Information

SORAA, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of SORAA, INC. 401(K) PLAN is $20,278,284.00.This plan was established in 2012.

SORAA, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in SORAA, INC. 401(K) PLAN is 332

SORAA, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for SORAA, INC. 401(K) PLAN is $61,079.00

SORAA, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for SORAA, INC. 401(K) PLAN is $14,527.00.

SORAA, INC. 401(K) PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in SORAA, INC. 401(K) PLAN is approximately $0.00
Investing in this additonal $0.00 for 20 years would give you extra $0.00, assuming a 10% annual return.

SORAA, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2019, SORAA, INC. 401(K) PLAN allocates $1.00 to match its employees' contributions, providing an employer match rate of 0.00% of their contributions

SORAA, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of SORAA, INC. 401(K) PLAN is 31.05%.

SORAA, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for SORAA, INC. 401(K) PLAN is 23.15%. This measures the effectiveness of the plan participants' investments in the year.

SORAA, INC. 401(K) PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of SORAA, INC. 401(K) PLAN is 0.13%.

Enrollment Features

SORAA, 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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