PRA GROUP, INC. 401(K) PLAN
Plan Contact
- Address: 120 CORPORATE BLVD SUITE 100,NORFOLK,VA
- Contact person: ALAN HONIG
- Phone: (757) 519-9300
Plan General Information
PRA GROUP, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PRA GROUP, INC. 401(K) PLAN is $105,965,231.00.This plan was established in 1998.
PRA GROUP, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PRA GROUP, INC. 401(K) PLAN is 2570
PRA GROUP, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PRA GROUP, INC. 401(K) PLAN is $41,231.00
PRA GROUP, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PRA GROUP, INC. 401(K) PLAN is $3,180.00.
PRA GROUP, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PRA GROUP, INC. 401(K) PLAN is approximately $1,810.00
Investing in this additonal $1,810.00 for 20 years would give you extra $115,899.00, assuming a 10% annual return.
Investing in this additonal $1,810.00 for 20 years would give you extra $115,899.00, assuming a 10% annual return.
PRA GROUP, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, PRA GROUP, INC. 401(K) PLAN allocates $4,654,075.00 to match its employees' contributions, providing an employer match rate of 56.01% of their contributions
PRA GROUP, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PRA GROUP, INC. 401(K) PLAN is 19.14%.
PRA GROUP, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PRA GROUP, INC. 401(K) PLAN is 17.55%. This measures the effectiveness of the plan participants' investments in the year.
PRA GROUP, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PRA GROUP, INC. 401(K) PLAN is 0.30%.
Enrollment Features
PRA GROUP, INC. 401(K) PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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