MRA PROFIT SHARING PLAN
Plan Contact
- Address: 777 PASSAIC AVE STE 360,CLIFTON,NJ
- Contact person: MICHAEL A. POLLACK, PRESIDENT
- Phone: (973) 284-0038
Plan General Information
MRA PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of MRA PROFIT SHARING PLAN is $28,286,358.00.This plan was established in 2022.
MRA PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in MRA PROFIT SHARING PLAN is 179
MRA PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for MRA PROFIT SHARING PLAN is $158,024.00
MRA PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for MRA PROFIT SHARING PLAN is $3,289.00.
MRA PROFIT SHARING PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in MRA PROFIT SHARING PLAN is approximately $4,682.00
Investing in this additonal $4,682.00 for 20 years would give you extra $299,710.00, assuming a 10% annual return.
Investing in this additonal $4,682.00 for 20 years would give you extra $299,710.00, assuming a 10% annual return.
MRA PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2021, MRA PROFIT SHARING PLAN allocates $838,252.00 to match its employees' contributions, providing an employer match rate of 142.35% of their contributions
MRA PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of MRA PROFIT SHARING PLAN is 8.15%.
MRA PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for MRA PROFIT SHARING PLAN is 13.26%. This measures the effectiveness of the plan participants' investments in the year.
MRA PROFIT SHARING PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of MRA PROFIT SHARING PLAN is 0.54%.
Enrollment Features
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