OUR HOMES SOUTH, INC. 401(K) PLAN

Plan Contact

  • Address: PO BOX 119,MEDFORD,MN
  • Contact person: BELINDA ISAACSON
  • Phone: (507) 455-2145

Plan General Information

OUR HOMES SOUTH, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of OUR HOMES SOUTH, INC. 401(K) PLAN is $1,638,721.00.This plan was established in 2022.

OUR HOMES SOUTH, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in OUR HOMES SOUTH, INC. 401(K) PLAN is 108

OUR HOMES SOUTH, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for OUR HOMES SOUTH, INC. 401(K) PLAN is $15,173.00

OUR HOMES SOUTH, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for OUR HOMES SOUTH, INC. 401(K) PLAN is $1,355.00.

OUR HOMES SOUTH, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in OUR HOMES SOUTH, INC. 401(K) PLAN is approximately $361.00
Investing in this additonal $361.00 for 20 years would give you extra $23,137.00, assuming a 10% annual return.

OUR HOMES SOUTH, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, OUR HOMES SOUTH, INC. 401(K) PLAN allocates $39,045.00 to match its employees' contributions, providing an employer match rate of 26.66% of their contributions

OUR HOMES SOUTH, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of OUR HOMES SOUTH, INC. 401(K) PLAN is 72.28%.

OUR HOMES SOUTH, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for OUR HOMES SOUTH, INC. 401(K) PLAN is 15.47%. This measures the effectiveness of the plan participants' investments in the year.

OUR HOMES SOUTH, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of OUR HOMES SOUTH, INC. 401(K) PLAN is 0.06%.

Enrollment Features

OUR HOMES SOUTH, INC. 401(K) 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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