FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K

Plan Contact

  • Address: 6451 NORTH FEDERAL HIGHWAY,,FORT LAUDERDALE,FL
  • Contact person: TONYA BULLOCK
  • Phone: (954) 772-5883

Plan General Information

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is $7,576,623.00.This plan was established in 1985.

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is 157

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Average Participant Retirement Account Value

In 2017, the average participant retirement account value for FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is $48,258.00

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is $5,988.00.

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is approximately $1,264.00
Investing in this additonal $1,264.00 for 20 years would give you extra $80,958.00, assuming a 10% annual return.

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Total Employer Contribution and Match Rate

In 2017, FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K allocates $198,602.00 to match its employees' contributions, providing an employer match rate of 42.25% of their contributions

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is 18.31%.

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is 14.65%. This measures the effectiveness of the plan participants' investments in the year.

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K Expense Ratio

In 2017, the investment and administrative expense ratio of FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K is 0.21%.

Enrollment Features

FINANCIAL AID MANAGEMENT FOR EDUCATION, INC. 401(K 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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