EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN

Plan Contact

  • Address: MARYLAND TRADE CENTER 1,,GREENBELT,MD
  • Contact person: LAURA EACHO
  • Phone: (301) 779-8500

Plan General Information

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is $13,729,936.00.This plan was established in 1982.

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is 220

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is $62,408.00

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is approximately $4,587.00
Investing in this additonal $4,587.00 for 20 years would give you extra $293,629.00, assuming a 10% annual return.

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is 12.47%.

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is 14.04%. This measures the effectiveness of the plan participants' investments in the year.

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN is 0.39%.

Enrollment Features

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE 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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