RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON

Plan Contact

  • Address: 800 LINDEN STREET,SCRANTON,PA
  • Contact person: PATRICIA L. TETREAULT
  • Phone: (570) 941-7767

Plan General Information

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is $126,070,438.00.This plan was established in 1969.

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is 972

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is $129,702.00

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is approximately $4,364.00
Investing in this additonal $4,364.00 for 20 years would give you extra $279,298.00, assuming a 10% annual return.

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is -0.59%.

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is 1.88%. This measures the effectiveness of the plan participants' investments in the year.

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON Expense Ratio

In 2023, the investment and administrative expense ratio of RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON is 0.06%.

Enrollment Features

RETIREMENT PLAN FOR FACULTY, ADMINISTRATIVE AND PROFESSIONAL EMPLOYEES OF UNIVERSITY OF SCRANTON has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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