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7COMPRESSION

Tyler, Texas
50-99 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
7Compression 401(K) Plan
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
7COMPRESSION
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$1,516
Avg Employer Contribution per Person per Year
Competitive
EE Friendly
Plan Design
Top Benefits
EE Friendly
Admin Fees as a % of Total Assets
Competitive
7%
1 Year Return
Laggard

Peer Group

Size
50-99 employees
Region
South Central
Industry
Other Services (except Public Administration

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
7Compression 401(K) Plan
Plan type
401k
Plan start date
01/01/2020
Plan assets
$1,498,513
Participation Rate
100.00 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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