STERLING NORTH AMERICA, INC. 401(K) PLAN

Plan Contact

  • Address: 70 CORPORATE DRIVE,HAUPPAUGE,NY
  • Contact person: KELLI MCALLISTER
  • Phone: (631) 243-6933

Plan General Information

STERLING NORTH AMERICA, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of STERLING NORTH AMERICA, INC. 401(K) PLAN is $3,793,754.00.This plan was established in 2009.

STERLING NORTH AMERICA, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in STERLING NORTH AMERICA, INC. 401(K) PLAN is 133

STERLING NORTH AMERICA, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for STERLING NORTH AMERICA, INC. 401(K) PLAN is $28,524.00

STERLING NORTH AMERICA, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for STERLING NORTH AMERICA, INC. 401(K) PLAN is $6,934.00.

STERLING NORTH AMERICA, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in STERLING NORTH AMERICA, INC. 401(K) PLAN is approximately $1,558.00
Investing in this additonal $1,558.00 for 20 years would give you extra $99,733.00, assuming a 10% annual return.

STERLING NORTH AMERICA, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, STERLING NORTH AMERICA, INC. 401(K) PLAN allocates $207,258.00 to match its employees' contributions, providing an employer match rate of 44.94% of their contributions

STERLING NORTH AMERICA, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of STERLING NORTH AMERICA, INC. 401(K) PLAN is -13.64%.

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

In 2022, the estimated aggregate retirement account investment gain/loss for STERLING NORTH AMERICA, INC. 401(K) PLAN is -17.97%. This measures the effectiveness of the plan participants' investments in the year.

STERLING NORTH AMERICA, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of STERLING NORTH AMERICA, INC. 401(K) PLAN is 0.04%.

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