HOMESAFE 403(B) RETIREMENT PLAN

Plan Contact

  • Address: 2840 6TH AVENUE SOUTH,LAKE WORTH,FL
  • Contact person: BILLY VANEE
  • Phone: (561) 383-9800

Plan General Information

HOMESAFE 403(B) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOMESAFE 403(B) RETIREMENT PLAN is $4,103,603.00.This plan was established in 2009.

HOMESAFE 403(B) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOMESAFE 403(B) RETIREMENT PLAN is 173

HOMESAFE 403(B) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOMESAFE 403(B) RETIREMENT PLAN is $23,720.00

HOMESAFE 403(B) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOMESAFE 403(B) RETIREMENT PLAN is $2,617.00.

HOMESAFE 403(B) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOMESAFE 403(B) RETIREMENT PLAN is approximately $1,474.00
Investing in this additonal $1,474.00 for 20 years would give you extra $94,340.00, assuming a 10% annual return.

HOMESAFE 403(B) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, HOMESAFE 403(B) RETIREMENT PLAN allocates $255,015.00 to match its employees' contributions, providing an employer match rate of 56.82% of their contributions

HOMESAFE 403(B) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOMESAFE 403(B) RETIREMENT PLAN is 34.11%.

HOMESAFE 403(B) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOMESAFE 403(B) RETIREMENT PLAN is 20.71%. This measures the effectiveness of the plan participants' investments in the year.

HOMESAFE 403(B) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HOMESAFE 403(B) RETIREMENT PLAN is 0.99%.

Enrollment Features

HOMESAFE 403(B) RETIREMENT 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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