SYSTEM ELECTRIC CO., INC. 401(K) PLAN
Plan Contact
- Address: 704 CENTRAL PARKWAY EAST SUITE 1200,PLANO,TX
- Contact person: JAMES M. GOMES
- Phone: (800) 862-2743
Plan General Information
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2013, the total retirement plan assets of SYSTEM ELECTRIC CO., INC. 401(K) PLAN is $5,278,585.00.This plan was established in 1990.
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in SYSTEM ELECTRIC CO., INC. 401(K) PLAN is 381
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Average Participant Retirement Account Value
In 2013, the average participant retirement account value for SYSTEM ELECTRIC CO., INC. 401(K) PLAN is $13,854.00
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for SYSTEM ELECTRIC CO., INC. 401(K) PLAN is $3,170.00.
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in SYSTEM ELECTRIC CO., INC. 401(K) PLAN is approximately $231.00
Investing in this additonal $231.00 for 20 years would give you extra $14,792.00, assuming a 10% annual return.
Investing in this additonal $231.00 for 20 years would give you extra $14,792.00, assuming a 10% annual return.
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2013, SYSTEM ELECTRIC CO., INC. 401(K) PLAN allocates $88,064.00 to match its employees' contributions, providing an employer match rate of 14.58% of their contributions
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2013, the total retirement plan asset growth rate of SYSTEM ELECTRIC CO., INC. 401(K) PLAN is 22.56%.
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2013, the estimated aggregate retirement account investment gain/loss for SYSTEM ELECTRIC CO., INC. 401(K) PLAN is 12.36%. This measures the effectiveness of the plan participants' investments in the year.
SYSTEM ELECTRIC CO., INC. 401(K) PLAN Expense Ratio
In 2013, the investment and administrative expense ratio of SYSTEM ELECTRIC CO., INC. 401(K) PLAN is 1.16%.
Enrollment Features
SYSTEM ELECTRIC CO., 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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