FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN

Plan Contact

  • Address: 2414 AMSTERDAM AVE,NEW YORK,NY
  • Contact person: ELYRAN ZAMIR
  • Phone: (212) 476-0905

Plan General Information

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is $26,372,919.00.This plan was established in 2020.

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is 6214

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is $4,244.00

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is approximately $1,278.00
Investing in this additonal $1,278.00 for 20 years would give you extra $81,806.00, assuming a 10% annual return.

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is 101.75%.

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is 35.20%. This measures the effectiveness of the plan participants' investments in the year.

FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of FRIENDS & FAMILY PREVAILING WAGE ESOP RETIREMENT PLAN is 1.58%.

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