SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN
Plan Contact
- Address: 411 AUSTIN P.O. BOX 610,LEVELLAND,TX
- Contact person: WILLIAM D. POWELL, JR.
- Phone: (806) 894-6104
Plan General Information
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2024, the total retirement plan assets of SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is $13,060,499.00.This plan was established in 1996.
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2024, the total number of retirement plan participants in SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is 870
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is $15,012.00
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2024, the estimated average employee contribution amount per participant for SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is $845.00.
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Estimated Average Employer Match
In 2024, the estimated average employer match for an employee in SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is approximately $723.00
Investing in this additonal $723.00 for 20 years would give you extra $46,294.00, assuming a 10% annual return.
Investing in this additonal $723.00 for 20 years would give you extra $46,294.00, assuming a 10% annual return.
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2024, SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN allocates $629,314.00 to match its employees' contributions, providing an employer match rate of 88.63% of their contributions
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2024, the total retirement plan asset growth rate of SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is 18.49%.
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2024, the estimated aggregate retirement account investment gain/loss for SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is 14.90%. This measures the effectiveness of the plan participants' investments in the year.
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN Expense Ratio
In 2024, the investment and administrative expense ratio of SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN is 0.45%.
Enrollment Features
SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, 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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