BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 330 NORTH WABASH, 21ST FLOOR,CHICAGO,IL
- Contact person: PETER IVANCSITS
- Phone: (312) 840-7000
Plan General Information
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is $79,111,834.00.This plan was established in 1992.
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is 132
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is $599,332.00
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is $9,091.00.
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is approximately $12,384.00
Investing in this additonal $12,384.00 for 20 years would give you extra $792,579.00, assuming a 10% annual return.
Investing in this additonal $12,384.00 for 20 years would give you extra $792,579.00, assuming a 10% annual return.
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST allocates $1,634,695.00 to match its employees' contributions, providing an employer match rate of 130.76% of their contributions
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is 18.68%.
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is 17.04%. This measures the effectiveness of the plan participants' investments in the year.
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST is 0.04%.
Enrollment Features
BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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