BARRIER FREE LIVING, INC. 401(K) PLAN

Plan Contact

  • Address: 637 EAST 138 STREET,BRONX,NY
  • Contact person: IAN BATES
  • Phone: (929) 955-4511

Plan General Information

BARRIER FREE LIVING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BARRIER FREE LIVING, INC. 401(K) PLAN is $2,247,785.00.This plan was established in 2017.

BARRIER FREE LIVING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BARRIER FREE LIVING, INC. 401(K) PLAN is 165

BARRIER FREE LIVING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BARRIER FREE LIVING, INC. 401(K) PLAN is $13,622.00

BARRIER FREE LIVING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BARRIER FREE LIVING, INC. 401(K) PLAN is $1,278.00.

BARRIER FREE LIVING, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BARRIER FREE LIVING, INC. 401(K) PLAN is approximately $760.00
Investing in this additonal $760.00 for 20 years would give you extra $48,641.00, assuming a 10% annual return.

BARRIER FREE LIVING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, BARRIER FREE LIVING, INC. 401(K) PLAN allocates $125,404.00 to match its employees' contributions, providing an employer match rate of 60.18% of their contributions

BARRIER FREE LIVING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BARRIER FREE LIVING, INC. 401(K) PLAN is 9.58%.

BARRIER FREE LIVING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BARRIER FREE LIVING, INC. 401(K) PLAN is 16.86%. This measures the effectiveness of the plan participants' investments in the year.

BARRIER FREE LIVING, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BARRIER FREE LIVING, INC. 401(K) PLAN is 0.56%.

Enrollment Features

BARRIER FREE LIVING, INC. 401(K) PLAN 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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