DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 301 NORTH TRYON STREET,CHARLOTTE,NC
- Contact person: ERVIN GOURDINE
- Phone: (704) 372-6261
Plan General Information
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is $5,364,471.00.This plan was established in 1992.
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is 218
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is $24,607.00
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is $1,372.00.
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is approximately $1,053.00
Investing in this additonal $1,053.00 for 20 years would give you extra $67,438.00, assuming a 10% annual return.
Investing in this additonal $1,053.00 for 20 years would give you extra $67,438.00, assuming a 10% annual return.
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN allocates $229,714.00 to match its employees' contributions, providing an employer match rate of 69.74% of their contributions
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is 21.28%.
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is 16.55%. This measures the effectiveness of the plan participants' investments in the year.
DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN is 0.69%.
Enrollment Features
DISCOVERY PLACE, INC. RETIREMENT SAVINGS 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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