MCNEES WALLACE & NURICK SAVINGS PLAN
Plan Contact
- Address: 100 PINE STREET,HARRISBURG,PA
- Contact person: SARA REOHR
- Phone: (717) 232-8000
Plan General Information
MCNEES WALLACE & NURICK SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MCNEES WALLACE & NURICK SAVINGS PLAN is $93,638,712.00.This plan was established in 1986.
MCNEES WALLACE & NURICK SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MCNEES WALLACE & NURICK SAVINGS PLAN is 258
MCNEES WALLACE & NURICK SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MCNEES WALLACE & NURICK SAVINGS PLAN is $362,940.00
MCNEES WALLACE & NURICK SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MCNEES WALLACE & NURICK SAVINGS PLAN is $9,917.00.
MCNEES WALLACE & NURICK SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MCNEES WALLACE & NURICK SAVINGS PLAN is approximately $11,248.00
Investing in this additonal $11,248.00 for 20 years would give you extra $719,903.00, assuming a 10% annual return.
Investing in this additonal $11,248.00 for 20 years would give you extra $719,903.00, assuming a 10% annual return.
MCNEES WALLACE & NURICK SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, MCNEES WALLACE & NURICK SAVINGS PLAN allocates $2,902,111.00 to match its employees' contributions, providing an employer match rate of 116.58% of their contributions
MCNEES WALLACE & NURICK SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MCNEES WALLACE & NURICK SAVINGS PLAN is 19.90%.
MCNEES WALLACE & NURICK SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MCNEES WALLACE & NURICK SAVINGS PLAN is 16.08%. This measures the effectiveness of the plan participants' investments in the year.
MCNEES WALLACE & NURICK SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MCNEES WALLACE & NURICK SAVINGS PLAN is 0.10%.
Enrollment Features
MCNEES WALLACE & NURICK SAVINGS 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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