SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN

Plan Contact

  • Address: 1789 GARDNER BLVD.,HOLLY HILL,SC
  • Contact person: RALPH JONES
  • Phone: (803) 496-1812

Plan General Information

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is $6,003,539.00.This plan was established in 1989.

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is 196

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is $30,630.00

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is $2,464.00.

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is approximately $438.00
Investing in this additonal $438.00 for 20 years would give you extra $28,038.00, assuming a 10% annual return.

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN allocates $85,869.00 to match its employees' contributions, providing an employer match rate of 17.04% of their contributions

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is 17.83%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is 11.49%. This measures the effectiveness of the plan participants' investments in the year.

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN is 0.71%.

Enrollment Features

SOUTHERN TANK TRANSPORT, INC. 401(K) 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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