AVESTA HOUSING DEVELOPMENT CORP.
Plan Contact
- Address: 307 CUMBERLAND AVENUE,PORTLAND,ME
- Contact person: ERIC BOUCHER
- Phone: (207) 553-7780
Plan General Information
AVESTA HOUSING DEVELOPMENT CORP. Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of AVESTA HOUSING DEVELOPMENT CORP. is $8,862,574.00.This plan was established in 2022.
AVESTA HOUSING DEVELOPMENT CORP. Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in AVESTA HOUSING DEVELOPMENT CORP. is 187
AVESTA HOUSING DEVELOPMENT CORP. Average Participant Retirement Account Value
In 2021, the average participant retirement account value for AVESTA HOUSING DEVELOPMENT CORP. is $47,393.00
AVESTA HOUSING DEVELOPMENT CORP. Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for AVESTA HOUSING DEVELOPMENT CORP. is $3,313.00.
AVESTA HOUSING DEVELOPMENT CORP. Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in AVESTA HOUSING DEVELOPMENT CORP. is approximately $2,151.00
Investing in this additonal $2,151.00 for 20 years would give you extra $137,719.00, assuming a 10% annual return.
Investing in this additonal $2,151.00 for 20 years would give you extra $137,719.00, assuming a 10% annual return.
AVESTA HOUSING DEVELOPMENT CORP. Total Employer Contribution and Match Rate
In 2021, AVESTA HOUSING DEVELOPMENT CORP. allocates $402,398.00 to match its employees' contributions, providing an employer match rate of 64.94% of their contributions
AVESTA HOUSING DEVELOPMENT CORP. Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of AVESTA HOUSING DEVELOPMENT CORP. is 27.68%.
AVESTA HOUSING DEVELOPMENT CORP. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for AVESTA HOUSING DEVELOPMENT CORP. is 13.66%. This measures the effectiveness of the plan participants' investments in the year.
AVESTA HOUSING DEVELOPMENT CORP. Expense Ratio
In 2021, the investment and administrative expense ratio of AVESTA HOUSING DEVELOPMENT CORP. is 0.36%.
Enrollment Features
AVESTA HOUSING DEVELOPMENT CORP. 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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