HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN

Plan Contact

  • Address: 6701 BAY PARKWAY, 2ND FLOOR,BROOKLYN,NY
  • Contact person: YOSEF ELBAUM
  • Phone: (718) 686-5900

Plan General Information

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is $18,673,896.00.This plan was established in 2005.

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is 434

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is $43,027.00

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $933.00
Investing in this additonal $933.00 for 20 years would give you extra $59,755.00, assuming a 10% annual return.

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is 1.08%.

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is 8.85%. This measures the effectiveness of the plan participants' investments in the year.

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT PLAN is 0.39%.

Enrollment Features

HEBREW ACADEMY FOR SPECIAL CHILDREN DEFINED CONTRIBUTION RETIREMENT 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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