RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN
Plan Contact
- Address: 254 HICKSVILLE RD,MASSAPEQUA,NY
- Contact person: FRANK J. RECCO
- Phone: (516) 798-6688
Plan General Information
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is $6,678,630.00.This plan was established in 2020.
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is 4105
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is $1,626.00
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is $3.00.
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is approximately $252.00
Investing in this additonal $252.00 for 20 years would give you extra $16,183.00, assuming a 10% annual return.
Investing in this additonal $252.00 for 20 years would give you extra $16,183.00, assuming a 10% annual return.
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN allocates $1,038,003.00 to match its employees' contributions, providing an employer match rate of 8352.13% of their contributions
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is 23.36%.
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is 8.48%. This measures the effectiveness of the plan participants' investments in the year.
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN is 0.00%.
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