STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC.
Plan Contact
- Address: 701 WESTCHESTER AVENUE, STE 320E,WHITE PLAINS,NY
- Contact person: THAD COWARD
- Phone: (718) 946-6699
Plan General Information
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is $232,423.00.This plan was established in 2020.
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is 173
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Average Participant Retirement Account Value
In 2022, the average participant retirement account value for STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is $1,343.00
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is $852.00.
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is approximately $166.00
Investing in this additonal $166.00 for 20 years would give you extra $10,676.00, assuming a 10% annual return.
Investing in this additonal $166.00 for 20 years would give you extra $10,676.00, assuming a 10% annual return.
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Total Employer Contribution and Match Rate
In 2022, STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. allocates $28,860.00 to match its employees' contributions, providing an employer match rate of 39.13% of their contributions
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is 54.89%.
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is -4.01%. This measures the effectiveness of the plan participants' investments in the year.
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. Expense Ratio
In 2022, the investment and administrative expense ratio of STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. is 1.31%.
Enrollment Features
STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC. has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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