CLIPPER REALTY, LP 401(K) PLAN

Plan Contact

  • Address: 4611 12TH AVENUE SUITE 1L,BROOKLYN,NY
  • Contact person: CAROL FELICIANO
  • Phone: (718) 438-2804

Plan General Information

CLIPPER REALTY, LP 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CLIPPER REALTY, LP 401(K) PLAN is $846,398.00.This plan was established in 2018.

CLIPPER REALTY, LP 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CLIPPER REALTY, LP 401(K) PLAN is 143

CLIPPER REALTY, LP 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CLIPPER REALTY, LP 401(K) PLAN is $5,918.00

CLIPPER REALTY, LP 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CLIPPER REALTY, LP 401(K) PLAN is $1,184.00.

CLIPPER REALTY, LP 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CLIPPER REALTY, LP 401(K) PLAN is approximately $751.00
Investing in this additonal $751.00 for 20 years would give you extra $48,081.00, assuming a 10% annual return.

CLIPPER REALTY, LP 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, CLIPPER REALTY, LP 401(K) PLAN allocates $107,431.00 to match its employees' contributions, providing an employer match rate of 53.67% of their contributions

CLIPPER REALTY, LP 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CLIPPER REALTY, LP 401(K) PLAN is 67.54%.

CLIPPER REALTY, LP 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CLIPPER REALTY, LP 401(K) PLAN is 15.74%. This measures the effectiveness of the plan participants' investments in the year.

CLIPPER REALTY, LP 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CLIPPER REALTY, LP 401(K) PLAN is 0.50%.

Enrollment Features

CLIPPER REALTY, LP 401(K) PLAN 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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