TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN

Plan Contact

  • Address: PO BOX 372587,CAYEY,PR
  • Contact person: ANNETTE FAVORITE
  • Phone: (787) 747-4900

Plan General Information

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is $3,507,439.00.This plan was established in 1993.

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is 215

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is $16,313.00

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is $1,994.00.

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is approximately $649.00
Investing in this additonal $649.00 for 20 years would give you extra $41,561.00, assuming a 10% annual return.

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2015, TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN allocates $139,620.00 to match its employees' contributions, providing an employer match rate of 65.12% of their contributions

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is 3.34%.

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is 0.08%. This measures the effectiveness of the plan participants' investments in the year.

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN is 0.16%.

Enrollment Features

TECH GROUP PUERTO RICO SAVINGS AND RETIREMENT PLAN 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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