403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC.

Plan Contact

  • Address: 1900 N 9TH ST STE 102,PHILADELPHIA,PA
  • Contact person: CHANELL HANN
  • Phone: (215) 235-6788

Plan General Information

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is $8,508,914.00.This plan was established in 2006.

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is 636

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is $13,378.00

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is $1,387.00.

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is approximately $918.00
Investing in this additonal $918.00 for 20 years would give you extra $58,774.00, assuming a 10% annual return.

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Total Employer Contribution and Match Rate

In 2023, 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. allocates $584,070.00 to match its employees' contributions, providing an employer match rate of 132.37% of their contributions

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is 15.47%.

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is 10.21%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. is 0.03%.

Enrollment Features

403(B) THRIFT PLAN FOR EMPLOYEES OF ASOCIACION PUERTORRIQUENOS EN MARCHA, INC. 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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