TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN
Plan Contact
- Address: 2813 WEST 17TH STREET,WILMINGTON,DE
- Phone: (302) 657-8360
Plan General Information
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is $57,066,345.00.This plan was established in 1943.
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is 482
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is $118,394.00
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is $4,292.00.
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $1,646.00
Investing in this additonal $1,646.00 for 20 years would give you extra $105,346.00, assuming a 10% annual return.
Investing in this additonal $1,646.00 for 20 years would give you extra $105,346.00, assuming a 10% annual return.
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN allocates $793,390.00 to match its employees' contributions, providing an employer match rate of 76.69% of their contributions
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is 7.05%.
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is 10.15%. This measures the effectiveness of the plan participants' investments in the year.
TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of TOWER HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is 0.10%.
Enrollment Features
TOWER HILL SCHOOL DEFINED CONTRIBUTION 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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