EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 3100 E. 45TH STREET,CLEVELAND,OH
  • Contact person: CHELSEA TARVER
  • Phone: (832) 580-0802

Plan General Information

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is $174,308.00.This plan was established in 2018.

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is 210

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is $830.00

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is $1,031.00.

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is approximately $422.00
Investing in this additonal $422.00 for 20 years would give you extra $27,013.00, assuming a 10% annual return.

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2020, EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN allocates $88,638.00 to match its employees' contributions, providing an employer match rate of 81.80% of their contributions

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is -32.82%.

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is 21.01%. This measures the effectiveness of the plan participants' investments in the year.

EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of EYE FOR CHANGE YOUTH AND FAMILY SERVICE RETIREMENT SAVINGS PLAN is 7.54%.

Enrollment Features

EYE FOR CHANGE YOUTH AND FAMILY SERVICE 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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