403(B) THRIFT PLAN OF HERITAGE CENTERS

Plan Contact

  • Address: 101 OAK ST,BUFFALO,NY
  • Contact person: LISSA CARROLL
  • Phone: (716) 856-4201

Plan General Information

403(B) THRIFT PLAN OF HERITAGE CENTERS Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of 403(B) THRIFT PLAN OF HERITAGE CENTERS is $14,267,161.00.This plan was established in 1998.

403(B) THRIFT PLAN OF HERITAGE CENTERS Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in 403(B) THRIFT PLAN OF HERITAGE CENTERS is 555

403(B) THRIFT PLAN OF HERITAGE CENTERS Average Participant Retirement Account Value

In 2016, the average participant retirement account value for 403(B) THRIFT PLAN OF HERITAGE CENTERS is $25,706.00

403(B) THRIFT PLAN OF HERITAGE CENTERS Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF HERITAGE CENTERS is $2,941.00.

403(B) THRIFT PLAN OF HERITAGE CENTERS Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF HERITAGE CENTERS is approximately $475.00
Investing in this additonal $475.00 for 20 years would give you extra $30,435.00, assuming a 10% annual return.

403(B) THRIFT PLAN OF HERITAGE CENTERS Total Employer Contribution and Match Rate

In 2016, 403(B) THRIFT PLAN OF HERITAGE CENTERS allocates $263,931.00 to match its employees' contributions, providing an employer match rate of 32.33% of their contributions

403(B) THRIFT PLAN OF HERITAGE CENTERS Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF HERITAGE CENTERS is 7.20%.

403(B) THRIFT PLAN OF HERITAGE CENTERS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF HERITAGE CENTERS is 7.33%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN OF HERITAGE CENTERS Expense Ratio

In 2016, the investment and administrative expense ratio of 403(B) THRIFT PLAN OF HERITAGE CENTERS is 0.03%.

Enrollment Features

403(B) THRIFT PLAN OF HERITAGE CENTERS 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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