FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN

Plan Contact

  • Address: 2027 CHESTNUT STREET,PHILADELPHIA,PA
  • Contact person: WILLIAM RAY
  • Phone: (215) 592-4252

Plan General Information

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is $3,751,103.00.This plan was established in 2012.

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is 123

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is $30,496.00

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is $3,819.00.

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is approximately $2,710.00
Investing in this additonal $2,710.00 for 20 years would give you extra $173,476.00, assuming a 10% annual return.

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Total Employer Contribution and Match Rate

In 2021, FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN allocates $333,401.00 to match its employees' contributions, providing an employer match rate of 141.93% of their contributions

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is 60.67%.

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is 38.70%. This measures the effectiveness of the plan participants' investments in the year.

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT PLAN is 0.07%.

Enrollment Features

FREIRE CHARTER SCHOOL 403(B) RETIREMENT INVESTMENT 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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