MANGO PROFIT SHARING PLAN
Plan Contact
- Address: 5806 GROVE AVENUE, SUITE 744,RICHMOND,VA
- Contact person: JAMIE-LYNN MITCHELL
- Phone: (804) 285-2800
Plan General Information
MANGO PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of MANGO PROFIT SHARING PLAN is $6,966,411.00.This plan was established in 2009.
MANGO PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in MANGO PROFIT SHARING PLAN is 97
MANGO PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for MANGO PROFIT SHARING PLAN is $71,818.00
MANGO PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for MANGO PROFIT SHARING PLAN is $3,042.00.
MANGO PROFIT SHARING PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in MANGO PROFIT SHARING PLAN is approximately $1,280.00
Investing in this additonal $1,280.00 for 20 years would give you extra $81,922.00, assuming a 10% annual return.
Investing in this additonal $1,280.00 for 20 years would give you extra $81,922.00, assuming a 10% annual return.
MANGO PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2022, MANGO PROFIT SHARING PLAN allocates $124,164.00 to match its employees' contributions, providing an employer match rate of 34.88% of their contributions
MANGO PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of MANGO PROFIT SHARING PLAN is 19.28%.
MANGO PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for MANGO PROFIT SHARING PLAN is 15.19%. This measures the effectiveness of the plan participants' investments in the year.
MANGO PROFIT SHARING PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of MANGO PROFIT SHARING PLAN is 0.06%.
Enrollment Features
MANGO PROFIT SHARING 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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