BASIC FUN, INC. 401(K) PLAN
Plan Contact
- Address: 301 YAMATO ROAD,,BOCA RATON,FL
- Contact person: STEVEN LITTMAN
- Phone: (561) 997-8901
Plan General Information
BASIC FUN, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of BASIC FUN, INC. 401(K) PLAN is $1,724,635.00.This plan was established in 2019.
BASIC FUN, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in BASIC FUN, INC. 401(K) PLAN is 105
BASIC FUN, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for BASIC FUN, INC. 401(K) PLAN is $16,425.00
BASIC FUN, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for BASIC FUN, INC. 401(K) PLAN is $4,706.00.
BASIC FUN, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in BASIC FUN, INC. 401(K) PLAN is approximately $906.00
Investing in this additonal $906.00 for 20 years would give you extra $58,029.00, assuming a 10% annual return.
Investing in this additonal $906.00 for 20 years would give you extra $58,029.00, assuming a 10% annual return.
BASIC FUN, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, BASIC FUN, INC. 401(K) PLAN allocates $95,205.00 to match its employees' contributions, providing an employer match rate of 19.27% of their contributions
BASIC FUN, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of BASIC FUN, INC. 401(K) PLAN is 37.08%.
BASIC FUN, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for BASIC FUN, INC. 401(K) PLAN is -13.64%. This measures the effectiveness of the plan participants' investments in the year.
BASIC FUN, INC. 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of BASIC FUN, INC. 401(K) PLAN is 0.04%.
Enrollment Features
BASIC FUN, INC. 401(K) PLAN 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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