403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE

Plan Contact

  • Address: 257 EAST 200 SOUTH SUITE 300,SALT LAKE CITY,UT
  • Contact person: GARET HAWLEY
  • Phone: (801) 736-7705

Plan General Information

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is $3,216,263.00.This plan was established in 1993.

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is 112

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Average Participant Retirement Account Value

In 2022, the average participant retirement account value for 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is $28,716.00

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is $6,856.00.

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is approximately $2,082.00
Investing in this additonal $2,082.00 for 20 years would give you extra $133,290.00, assuming a 10% annual return.

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Total Employer Contribution and Match Rate

In 2022, 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE allocates $233,258.00 to match its employees' contributions, providing an employer match rate of 60.75% of their contributions

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is -18.00%.

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is -18.03%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE Expense Ratio

In 2022, the investment and administrative expense ratio of 403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE is 0.81%.

Enrollment Features

403(B) THRIFT PLAN OF UNITED WAY OF SALT LAKE 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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