SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN

Plan Contact

  • Address: 3575 KOGER BLVD,,DULUTH,GA
  • Contact person: KATHY GYSELINCK
  • Phone: (770) 279-0222

Plan General Information

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is $8,069,134.00.This plan was established in 2022.

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is 229

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is $35,236.00

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is $4,798.00.

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is approximately $2,243.00
Investing in this additonal $2,243.00 for 20 years would give you extra $143,560.00, assuming a 10% annual return.

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN allocates $513,679.00 to match its employees' contributions, providing an employer match rate of 46.75% of their contributions

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is 43.28%.

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is 15.38%. This measures the effectiveness of the plan participants' investments in the year.

SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of SOUTHEAST MORTGAGE OF GEORGIA, INC 401(K) PLAN is 0.22%.

Enrollment Features

SOUTHEAST MORTGAGE OF GEORGIA, 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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