SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC.

Plan Contact

  • Address: 1420 BUSHWICK AVENUE,BROOKLYN,NY
  • Contact person: BETTY CALDWELL
  • Phone: (718) 573-3358

Plan General Information

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is $1,232,303.00.This plan was established in 1993.

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is 105

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Average Participant Retirement Account Value

In 2020, the average participant retirement account value for SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is $11,736.00

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is $1,885.00.

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is 23.72%.

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is 19.24%. This measures the effectiveness of the plan participants' investments in the year.

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. Expense Ratio

In 2020, the investment and administrative expense ratio of SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, INC. is 1.12%.

Enrollment Features

SECTION 403(B) RETIREMENT PLAN FOR FAMILY SERVICE NETWORK OF NEW YORK, 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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