SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC.

Plan Contact

  • Address: 707 W LOWRY RD.,CLAREMORE,OK
  • Contact person: KAROL L. MAY
  • Phone: (918) 341-5000

Plan General Information

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is $6,486,022.00.This plan was established in 1996.

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is 313

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is $20,722.00

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is $912.00.

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is approximately $674.00
Investing in this additonal $674.00 for 20 years would give you extra $43,176.00, assuming a 10% annual return.

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Total Employer Contribution and Match Rate

In 2023, SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. allocates $211,161.00 to match its employees' contributions, providing an employer match rate of 83.52% of their contributions

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is 2.86%.

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is 9.16%. This measures the effectiveness of the plan participants' investments in the year.

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. is 0.44%.

Enrollment Features

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. 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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