DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN

Plan Contact

  • Address: 999 PONCE DE LEON BLVD.,,CORAL GABLES,FL
  • Contact person: FRANK HORVAT
  • Phone: (787) 474-7852

Plan General Information

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is $864,020.00.This plan was established in 1989.

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is 1098

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is $786.00

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is $267.00.

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is -93.64%.

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is 2.51%. This measures the effectiveness of the plan participants' investments in the year.

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE SAVINGS PLAN is 72.27%.

Enrollment Features

DORAL FINANCIAL CORPORATION RETIREMENT & INCENTIVE 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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