KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN

Plan Contact

  • Address: 101 WATER STREET,WATERVILLE,ME
  • Contact person: SUZANNE WALSH
  • Phone: (207) 859-1576

Plan General Information

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is $8,180,943.00.This plan was established in 1998.

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is 456

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is $17,940.00

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is $912.00.

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is approximately $829.00
Investing in this additonal $829.00 for 20 years would give you extra $53,080.00, assuming a 10% annual return.

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Total Employer Contribution and Match Rate

In 2023, KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN allocates $378,195.00 to match its employees' contributions, providing an employer match rate of 94.59% of their contributions

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is -2.43%.

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is -6.73%. This measures the effectiveness of the plan participants' investments in the year.

KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of KENNEBEC VALLEY COMMUNITY ACTION PROGRAM TAX DEFERRED ANNUITY PLAN is 0.03%.

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