BANEY CORPORATION PROFIT SHARING PLAN
Plan Contact
- Address: 475 NE BELLEVUE AVE., SUITE 210,BEND,OR
- Contact person: JULIE BAFUS
- Phone: (541) 382-2188
Plan General Information
BANEY CORPORATION PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BANEY CORPORATION PROFIT SHARING PLAN is $16,248,484.00.This plan was established in 1994.
BANEY CORPORATION PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BANEY CORPORATION PROFIT SHARING PLAN is 710
BANEY CORPORATION PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BANEY CORPORATION PROFIT SHARING PLAN is $22,885.00
BANEY CORPORATION PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BANEY CORPORATION PROFIT SHARING PLAN is $1,612.00.
BANEY CORPORATION PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BANEY CORPORATION PROFIT SHARING PLAN is approximately $1,459.00
Investing in this additonal $1,459.00 for 20 years would give you extra $93,394.00, assuming a 10% annual return.
Investing in this additonal $1,459.00 for 20 years would give you extra $93,394.00, assuming a 10% annual return.
BANEY CORPORATION PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, BANEY CORPORATION PROFIT SHARING PLAN allocates $1,036,098.00 to match its employees' contributions, providing an employer match rate of 92.74% of their contributions
BANEY CORPORATION PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BANEY CORPORATION PROFIT SHARING PLAN is 27.79%.
BANEY CORPORATION PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BANEY CORPORATION PROFIT SHARING PLAN is 17.92%. This measures the effectiveness of the plan participants' investments in the year.
BANEY CORPORATION PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BANEY CORPORATION PROFIT SHARING PLAN is 0.48%.
Enrollment Features
BANEY CORPORATION PROFIT SHARING PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
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