CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP
Plan Contact
- Address: 537 S EASTERN BLVD,FAYETTEVILLE,NC
- Contact person: HEATHER M TURLINGTON
- Phone: (910) 483-0116
Plan General Information
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is $2,448,028.00.This plan was established in 1984.
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is 177
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is $13,830.00
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is $2,896.00.
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is approximately $120.00
Investing in this additonal $120.00 for 20 years would give you extra $7,698.00, assuming a 10% annual return.
Investing in this additonal $120.00 for 20 years would give you extra $7,698.00, assuming a 10% annual return.
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Total Employer Contribution and Match Rate
In 2022, CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP allocates $21,290.00 to match its employees' contributions, providing an employer match rate of 8.31% of their contributions
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is -20.70%.
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is -11.23%. This measures the effectiveness of the plan participants' investments in the year.
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP Expense Ratio
In 2022, the investment and administrative expense ratio of CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP is 1.40%.
Enrollment Features
CAROLINA SERVICES OF FAYETTEVILLE, INC.EMPLOYEE SAVINGS AND PSP 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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