CREATIVE WORKS 403(B) THRIFT PLAN
Plan Contact
- Address: 10 SPEIRS ST.,WESTBROOK,ME
- Contact person: JAMES FLAKER
- Phone: (207) 879-1140
Plan General Information
CREATIVE WORKS 403(B) THRIFT PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CREATIVE WORKS 403(B) THRIFT PLAN is $3,717,190.00.This plan was established in 2001.
CREATIVE WORKS 403(B) THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CREATIVE WORKS 403(B) THRIFT PLAN is 381
CREATIVE WORKS 403(B) THRIFT PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CREATIVE WORKS 403(B) THRIFT PLAN is $9,756.00
CREATIVE WORKS 403(B) THRIFT PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CREATIVE WORKS 403(B) THRIFT PLAN is $3,583.00.
CREATIVE WORKS 403(B) THRIFT PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CREATIVE WORKS 403(B) THRIFT PLAN is approximately $682.00
Investing in this additonal $682.00 for 20 years would give you extra $43,709.00, assuming a 10% annual return.
Investing in this additonal $682.00 for 20 years would give you extra $43,709.00, assuming a 10% annual return.
CREATIVE WORKS 403(B) THRIFT PLAN Total Employer Contribution and Match Rate
In 2022, CREATIVE WORKS 403(B) THRIFT PLAN allocates $260,210.00 to match its employees' contributions, providing an employer match rate of 38.12% of their contributions
CREATIVE WORKS 403(B) THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CREATIVE WORKS 403(B) THRIFT PLAN is 6.00%.
CREATIVE WORKS 403(B) THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CREATIVE WORKS 403(B) THRIFT PLAN is -14.99%. This measures the effectiveness of the plan participants' investments in the year.
CREATIVE WORKS 403(B) THRIFT PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of CREATIVE WORKS 403(B) THRIFT PLAN is 0.49%.
Enrollment Features
CREATIVE WORKS 403(B) THRIFT PLAN 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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