TAXWARE, LLC 401K RETIREMENT PLAN

Plan Contact

  • Address: 200 BALLARDVALE STREET,,WILMINGTON,MA
  • Contact person: TESSA HAMZA
  • Phone: (866) 890-3970

Plan General Information

TAXWARE, LLC 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of TAXWARE, LLC 401K RETIREMENT PLAN is $5,068,399.00.This plan was established in 2013.

TAXWARE, LLC 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in TAXWARE, LLC 401K RETIREMENT PLAN is 272

TAXWARE, LLC 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2014, the average participant retirement account value for TAXWARE, LLC 401K RETIREMENT PLAN is $18,633.00

TAXWARE, LLC 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for TAXWARE, LLC 401K RETIREMENT PLAN is $8,719.00.

TAXWARE, LLC 401K RETIREMENT PLAN Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in TAXWARE, LLC 401K RETIREMENT PLAN is approximately $1,524.00
Investing in this additonal $1,524.00 for 20 years would give you extra $97,587.00, assuming a 10% annual return.

TAXWARE, LLC 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2014, TAXWARE, LLC 401K RETIREMENT PLAN allocates $414,746.00 to match its employees' contributions, providing an employer match rate of 34.98% of their contributions

TAXWARE, LLC 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2014, the total retirement plan asset growth rate of TAXWARE, LLC 401K RETIREMENT PLAN is 34.10%.

TAXWARE, LLC 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2014, the estimated aggregate retirement account investment gain/loss for TAXWARE, LLC 401K RETIREMENT PLAN is 4.39%. This measures the effectiveness of the plan participants' investments in the year.

TAXWARE, LLC 401K RETIREMENT PLAN Expense Ratio

In 2014, the investment and administrative expense ratio of TAXWARE, LLC 401K RETIREMENT PLAN is 0.08%.

Enrollment Features

TAXWARE, LLC 401K RETIREMENT PLAN 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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