BONFIRE FUNDS INC
Plan Contact
- Address: 3420 PUMP ROAD,,HENRICO,VA
- Contact person: KATHLEEN NEUHEARDT
- Phone: (720) 339-8361
Plan General Information
BONFIRE FUNDS INC Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BONFIRE FUNDS INC is $2,718,942.00.This plan was established in 2018.
BONFIRE FUNDS INC Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BONFIRE FUNDS INC is 136
BONFIRE FUNDS INC Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BONFIRE FUNDS INC is $19,992.00
BONFIRE FUNDS INC Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BONFIRE FUNDS INC is $5,439.00.
BONFIRE FUNDS INC Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BONFIRE FUNDS INC is approximately $1,119.00
Investing in this additonal $1,119.00 for 20 years would give you extra $71,655.00, assuming a 10% annual return.
Investing in this additonal $1,119.00 for 20 years would give you extra $71,655.00, assuming a 10% annual return.
BONFIRE FUNDS INC Total Employer Contribution and Match Rate
In 2023, BONFIRE FUNDS INC allocates $152,267.00 to match its employees' contributions, providing an employer match rate of 41.16% of their contributions
BONFIRE FUNDS INC Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BONFIRE FUNDS INC is 42.45%.
BONFIRE FUNDS INC Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BONFIRE FUNDS INC is 21.71%. This measures the effectiveness of the plan participants' investments in the year.
BONFIRE FUNDS INC Expense Ratio
In 2023, the investment and administrative expense ratio of BONFIRE FUNDS INC is 0.03%.
Enrollment Features
BONFIRE FUNDS INC 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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