EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID
Plan Contact
- Address: 1735 TELEGRAPH AVE,OAKLAND,CA
- Contact person: BURT THOMPSON
- Phone: (510) 250-5225
Plan General Information
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is $15,932,859.00.This plan was established in 2022.
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is 225
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Average Participant Retirement Account Value
In 2021, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is $70,812.00
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is $3,557.00.
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is approximately $1,827.00
Investing in this additonal $1,827.00 for 20 years would give you extra $116,932.00, assuming a 10% annual return.
Investing in this additonal $1,827.00 for 20 years would give you extra $116,932.00, assuming a 10% annual return.
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Total Employer Contribution and Match Rate
In 2021, EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID allocates $411,091.00 to match its employees' contributions, providing an employer match rate of 51.35% of their contributions
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is 23.65%.
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is 14.51%. This measures the effectiveness of the plan participants' investments in the year.
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID Expense Ratio
In 2021, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID is 0.01%.
Enrollment Features
EMPLOYEE BENEFIT PLAN OF BAY AREA LEGAL AID 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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