INGENUITY PREP 401K
Plan Contact
- Address: 4600 LIVINGTON RD SE,WASHINGTON,DC
- Contact person: TARA EVANS
- Phone: (202) 562-0391
Plan General Information
INGENUITY PREP 401K Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of INGENUITY PREP 401K is $2,482,939.00.This plan was established in 2013.
INGENUITY PREP 401K Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in INGENUITY PREP 401K is 204
INGENUITY PREP 401K Average Participant Retirement Account Value
In 2023, the average participant retirement account value for INGENUITY PREP 401K is $12,171.00
INGENUITY PREP 401K Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for INGENUITY PREP 401K is $2,748.00.
INGENUITY PREP 401K Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in INGENUITY PREP 401K is approximately $995.00
Investing in this additonal $995.00 for 20 years would give you extra $63,722.00, assuming a 10% annual return.
Investing in this additonal $995.00 for 20 years would give you extra $63,722.00, assuming a 10% annual return.
INGENUITY PREP 401K Total Employer Contribution and Match Rate
In 2023, INGENUITY PREP 401K allocates $203,117.00 to match its employees' contributions, providing an employer match rate of 42.35% of their contributions
INGENUITY PREP 401K Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of INGENUITY PREP 401K is 36.09%.
INGENUITY PREP 401K Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for INGENUITY PREP 401K is 17.98%. This measures the effectiveness of the plan participants' investments in the year.
INGENUITY PREP 401K Expense Ratio
In 2023, the investment and administrative expense ratio of INGENUITY PREP 401K is 0.28%.
Enrollment Features
INGENUITY PREP 401K 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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