DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET,

Plan Contact

  • Address: 229 WEST 42ND STREET, 10TH FLOOR,NEW YORK,NY
  • Contact person: MICHELE PAGNOTTA
  • Phone: (646) 223-3071

Plan General Information

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is $6,649,750.00.This plan was established in 1991.

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is 151

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Average Participant Retirement Account Value

In 2023, the average participant retirement account value for DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is $44,038.00

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is approximately $2,289.00
Investing in this additonal $2,289.00 for 20 years would give you extra $146,518.00, assuming a 10% annual return.

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is 5.99%.

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is 15.70%. This measures the effectiveness of the plan participants' investments in the year.

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, Expense Ratio

In 2023, the investment and administrative expense ratio of DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, is 0.77%.

Enrollment Features

DEFINED CONTRIBUTION PLAN OF THE NEW 42ND STREET, 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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