NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN

Plan Contact

  • Address: 119 REAR FOSTER ST BLDG 13,PEABODY,MA
  • Contact person: KARIN ATSALES
  • Phone: (978) 531-0767

Plan General Information

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is $760,966.00.This plan was established in 2013.

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is 102

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is $7,460.00

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is $2,701.00.

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is approximately $15.00
Investing in this additonal $15.00 for 20 years would give you extra $960.00, assuming a 10% annual return.

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Total Employer Contribution and Match Rate

In 2023, NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN allocates $1,531.00 to match its employees' contributions, providing an employer match rate of 1.11% of their contributions

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is 26.60%.

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is 12.37%. This measures the effectiveness of the plan participants' investments in the year.

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN is 0.52%.

Enrollment Features

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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