SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC.

Plan Contact

  • Address: 55 WEST 125TH STREET 10TH FLOOR,NEW YORK,NY
  • Contact person: LUMINITA PAMPARAU
  • Phone: (212) 865-9182

Plan General Information

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Total Retirement Plan Assets

At the end of 2013, the total retirement plan assets of SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is $1,329,208.00.This plan was established in 1993.

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Total Number of Retirement Plan Participants

At the end of 2013, the total number of retirement plan participants in SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is 123

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Average Participant Retirement Account Value

In 2013, the average participant retirement account value for SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is $10,806.00

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is $686.00.

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Estimated Average Employer Match

In 2013, the estimated average employer match for an employee in SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is approximately $450.00
Investing in this additonal $450.00 for 20 years would give you extra $28,831.00, assuming a 10% annual return.

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Total Employer Contribution and Match Rate

In 2013, SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. allocates $55,410.00 to match its employees' contributions, providing an employer match rate of 131.23% of their contributions

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Total Retirement Plan Asset Growth Rate

In 2013, the total retirement plan asset growth rate of SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is -40.21%.

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2013, the estimated aggregate retirement account investment gain/loss for SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is 14.70%. This measures the effectiveness of the plan participants' investments in the year.

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. Expense Ratio

In 2013, the investment and administrative expense ratio of SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. is 0.22%.

Enrollment Features

SECTION 403(B) RETIREMENT PLAN FOR VERITAS THERAPEUTIC COMMUNITY, INC. has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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