TRANSIT EMPLOYEES 401K PLAN

Plan Contact

  • Address: 665 COTTAGE STREET,SPRINGFIELD,MA
  • Phone: (413) 732-2161

Plan General Information

TRANSIT EMPLOYEES 401K PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TRANSIT EMPLOYEES 401K PLAN is $7,273,256.00.This plan was established in 1994.

TRANSIT EMPLOYEES 401K PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TRANSIT EMPLOYEES 401K PLAN is 326

TRANSIT EMPLOYEES 401K PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TRANSIT EMPLOYEES 401K PLAN is $22,310.00

TRANSIT EMPLOYEES 401K PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TRANSIT EMPLOYEES 401K PLAN is $2,489.00.

TRANSIT EMPLOYEES 401K PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TRANSIT EMPLOYEES 401K PLAN is 11.03%.

TRANSIT EMPLOYEES 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TRANSIT EMPLOYEES 401K PLAN is 8.93%. This measures the effectiveness of the plan participants' investments in the year.

TRANSIT EMPLOYEES 401K PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TRANSIT EMPLOYEES 401K PLAN is 0.64%.

Enrollment Features

TRANSIT EMPLOYEES 401K 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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