403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC.

Plan Contact

  • Address: 16 MAIN ST,HEMPSTEAD,NY
  • Contact person: VANDA SIMON
  • Phone: (516) 489-2322

Plan General Information

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is $1,903,541.00.This plan was established in 1984.

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is 126

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Average Participant Retirement Account Value

In 2022, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is $15,107.00

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is $1,926.00.

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is -8.20%.

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is -14.83%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. Expense Ratio

In 2022, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, INC. is 0.03%.

Enrollment Features

403(B) THRIFT PLAN FOR EMPLOYEES OF MENTAL HEALTH ASSOCIATION OF NASSAU COUNTY, 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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