CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING

Plan Contact

  • Address: 115 W FAYETTE ST,SYRACUSE,NY
  • Contact person: ANDREA HAHN
  • Phone: (315) 422-8284

Plan General Information

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is $13,918,446.00.This plan was established in 2010.

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is 285

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is $48,836.00

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is $1,952.00.

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is approximately $931.00
Investing in this additonal $931.00 for 20 years would give you extra $59,645.00, assuming a 10% annual return.

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Total Employer Contribution and Match Rate

In 2023, CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING allocates $265,607.00 to match its employees' contributions, providing an employer match rate of 62.98% of their contributions

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is 18.50%.

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is 16.28%. This measures the effectiveness of the plan participants' investments in the year.

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING Expense Ratio

In 2023, the investment and administrative expense ratio of CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING is 0.33%.

Enrollment Features

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY 401(K) PROFIT SHARING 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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