OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN

Plan Contact

  • Address: 1520 HWY 32 SOUTH,THIEF RIVER FALLS,MN
  • Contact person: NANCY COTA
  • Phone: (218) 681-4949

Plan General Information

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is $2,580,349.00.This plan was established in 1985.

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is 319

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is $8,088.00

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is $185.00.

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is approximately $91.00
Investing in this additonal $91.00 for 20 years would give you extra $5,841.00, assuming a 10% annual return.

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Total Employer Contribution and Match Rate

In 2022, OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN allocates $29,114.00 to match its employees' contributions, providing an employer match rate of 49.12% of their contributions

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is -19.15%.

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is -10.20%. This measures the effectiveness of the plan participants' investments in the year.

OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of OCCUPATIONAL DEVELOPMENT CENTER, INC. 403(B) PLAN is 0.05%.

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