THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC.

Plan Contact

  • Address: PO BOX 2009,FAYETTEVILLE,NC
  • Contact person: KIMBERLY STAFFORD
  • Phone: (919) 485-6131

Plan General Information

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is $2,910,880.00.This plan was established in 1967.

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is 330

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Average Participant Retirement Account Value

In 2014, the average participant retirement account value for THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is $8,820.00

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is $707.00.

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is approximately $284.00
Investing in this additonal $284.00 for 20 years would give you extra $18,201.00, assuming a 10% annual return.

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Total Employer Contribution and Match Rate

In 2014, THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. allocates $93,852.00 to match its employees' contributions, providing an employer match rate of 80.38% of their contributions

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Total Retirement Plan Asset Growth Rate

In 2014, the total retirement plan asset growth rate of THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is 1.68%.

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2014, the estimated aggregate retirement account investment gain/loss for THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is 4.93%. This measures the effectiveness of the plan participants' investments in the year.

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. Expense Ratio

In 2014, the investment and administrative expense ratio of THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, INC. is 0.20%.

Enrollment Features

THE RETIREMENT PLAN OF CUMBERLAND COMMUNITY ACTION PROGRAM, 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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