CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES

Plan Contact

  • Address: 5 PENN PLAZA,NEW YORK,NY
  • Phone: (855) 499-6643

Plan General Information

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $39,400.00.This plan was established in 2019.

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 133

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $296.00

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $51.00.

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $48.00
Investing in this additonal $48.00 for 20 years would give you extra $3,101.00, assuming a 10% annual return.

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate

In 2022, CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $6,446.00 to match its employees' contributions, providing an employer match rate of 93.10% of their contributions

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 6.89%.

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is -19.55%. This measures the effectiveness of the plan participants' investments in the year.

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Expense Ratio

In 2022, the investment and administrative expense ratio of CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 2.05%.

Enrollment Features

CAASTLE 401(K) RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES 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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