ESSA BANK & TRUST 401(K) PLAN
Plan Contact
- Address: 200 PALMER STREET,STROUDSBURG,PA
- Phone: (570) 421-0531
Plan General Information
ESSA BANK & TRUST 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ESSA BANK & TRUST 401(K) PLAN is $21,092,250.00.This plan was established in 1985.
ESSA BANK & TRUST 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ESSA BANK & TRUST 401(K) PLAN is 290
ESSA BANK & TRUST 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ESSA BANK & TRUST 401(K) PLAN is $72,731.00
ESSA BANK & TRUST 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ESSA BANK & TRUST 401(K) PLAN is $3,779.00.
ESSA BANK & TRUST 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ESSA BANK & TRUST 401(K) PLAN is approximately $1,797.00
Investing in this additonal $1,797.00 for 20 years would give you extra $115,056.00, assuming a 10% annual return.
Investing in this additonal $1,797.00 for 20 years would give you extra $115,056.00, assuming a 10% annual return.
ESSA BANK & TRUST 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, ESSA BANK & TRUST 401(K) PLAN allocates $521,351.00 to match its employees' contributions, providing an employer match rate of 46.84% of their contributions
ESSA BANK & TRUST 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ESSA BANK & TRUST 401(K) PLAN is 4.20%.
ESSA BANK & TRUST 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ESSA BANK & TRUST 401(K) PLAN is 11.52%. This measures the effectiveness of the plan participants' investments in the year.
ESSA BANK & TRUST 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ESSA BANK & TRUST 401(K) PLAN is 0.34%.
Enrollment Features
ESSA BANK & TRUST 401(K) 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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