403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC.

Plan Contact

  • Address: 2505 EAST JEFFERSON BOULEVARD,,SOUTH BEND,IN
  • Contact person: ANGELA STEARNS
  • Phone: (574) 289-4831

Plan General Information

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is $9,236,921.00.This plan was established in 1996.

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is 801

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is $11,531.00

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is $852.00.

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is approximately $426.00
Investing in this additonal $426.00 for 20 years would give you extra $27,320.00, assuming a 10% annual return.

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Total Employer Contribution and Match Rate

In 2023, 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. allocates $341,939.00 to match its employees' contributions, providing an employer match rate of 54.18% of their contributions

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is 23.35%.

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is 15.96%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. is 0.04%.

Enrollment Features

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, 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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