MERRIMACK MORTGAGE, LLC RETIREMENT PLAN

Plan Contact

  • Address: 1045 ELM STREET STE 601,MANCHESTER,NH
  • Contact person: ANNE DESMOND
  • Phone: (603) 606-3248

Plan General Information

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is $12,961,057.00.This plan was established in 1989.

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is 256

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is $50,629.00

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is $10,897.00.

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is 31.69%.

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is 17.75%. This measures the effectiveness of the plan participants' investments in the year.

MERRIMACK MORTGAGE, LLC RETIREMENT PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of MERRIMACK MORTGAGE, LLC RETIREMENT PLAN is 0.02%.

Enrollment Features

MERRIMACK MORTGAGE, LLC 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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