403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY

Plan Contact

  • Address: 1366 MARKET AVE N,CANTON,OH
  • Contact person: RODNEY REASONOVER
  • Phone: (330) 454-1676

Plan General Information

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is $2,652,513.00.This plan was established in 2011.

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is 227

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Average Participant Retirement Account Value

In 2023, the average participant retirement account value for 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is $11,685.00

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is $866.00.

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is approximately $501.00
Investing in this additonal $501.00 for 20 years would give you extra $32,084.00, assuming a 10% annual return.

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Total Employer Contribution and Match Rate

In 2023, 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY allocates $113,798.00 to match its employees' contributions, providing an employer match rate of 66.15% of their contributions

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is 18.14%.

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is 13.65%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY Expense Ratio

In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY is 0.03%.

Enrollment Features

403(B) THRIFT PLAN OF STARK COUNTY COMMUNITY ACTION AGENCY has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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