OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 129 3RD AVENUE NORTHEAST,VALLEY CITY,ND
  • Contact person: JOSH PIECITY
  • Phone: (701) 845-1124

Plan General Information

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is $21,103,724.00.This plan was established in 1989.

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is 209

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is $100,974.00

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is $2,196.00.

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is approximately $4,439.00
Investing in this additonal $4,439.00 for 20 years would give you extra $284,122.00, assuming a 10% annual return.

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN allocates $927,837.00 to match its employees' contributions, providing an employer match rate of 404.16% of their contributions

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is 6.41%.

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is 11.73%. This measures the effectiveness of the plan participants' investments in the year.

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN is 0.26%.

Enrollment Features

OPEN DOOR CENTER 401(K) PROFIT SHARING 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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