MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST

Plan Contact

  • Address: 601 SOUTHWEST 8TH AVENUE,MIAMI,FL
  • Contact person: VIRGINIA JACKO
  • Phone: (305) 856-2288

Plan General Information

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is $2,892,769.00.This plan was established in 2001.

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is 134

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is $21,587.00

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is $2,442.00.

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is approximately $353.00
Investing in this additonal $353.00 for 20 years would give you extra $22,608.00, assuming a 10% annual return.

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Total Employer Contribution and Match Rate

In 2017, MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST allocates $47,337.00 to match its employees' contributions, providing an employer match rate of 28.92% of their contributions

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is 17.86%.

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is 13.16%. This measures the effectiveness of the plan participants' investments in the year.

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST Expense Ratio

In 2017, the investment and administrative expense ratio of MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST is 1.32%.

Enrollment Features

MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, INC. 401(K) PLAN & TRUST 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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