MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN

Plan Contact

  • Address: 1000 EAST HENRIETTA ROAD,,ROCHESTER,NY
  • Phone: (585) 292-2534

Plan General Information

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is $9,926,739.00.This plan was established in 1968.

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is 146

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is $67,991.00

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is $578.00.

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is approximately $807.00
Investing in this additonal $807.00 for 20 years would give you extra $51,670.00, assuming a 10% annual return.

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Total Employer Contribution and Match Rate

In 2023, MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN allocates $117,873.00 to match its employees' contributions, providing an employer match rate of 142.09% of their contributions

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is 14.26%.

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is 16.36%. This measures the effectiveness of the plan participants' investments in the year.

MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MONROE COMMUNITY COLLEGE ASSOCIATION, INC. 403(B) DEFINED CONTRIBUTION PLAN is 0.01%.

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