TRIPLELIFT, INC. 401(K) PLAN

Plan Contact

  • Address: 53 W. 23RD ST., 12TH FL,NEW YORK,NY
  • Contact person: MICAELA GALLANOSA
  • Phone: (760) 815-8467

Plan General Information

TRIPLELIFT, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TRIPLELIFT, INC. 401(K) PLAN is $25,331,914.00.This plan was established in 2019.

TRIPLELIFT, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TRIPLELIFT, INC. 401(K) PLAN is 493

TRIPLELIFT, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TRIPLELIFT, INC. 401(K) PLAN is $51,383.00

TRIPLELIFT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TRIPLELIFT, INC. 401(K) PLAN is $11,567.00.

TRIPLELIFT, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TRIPLELIFT, INC. 401(K) PLAN is approximately $3,593.00
Investing in this additonal $3,593.00 for 20 years would give you extra $229,966.00, assuming a 10% annual return.

TRIPLELIFT, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, TRIPLELIFT, INC. 401(K) PLAN allocates $1,771,458.00 to match its employees' contributions, providing an employer match rate of 38.14% of their contributions

TRIPLELIFT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TRIPLELIFT, INC. 401(K) PLAN is 55.70%.

TRIPLELIFT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TRIPLELIFT, INC. 401(K) PLAN is 19.67%. This measures the effectiveness of the plan participants' investments in the year.

TRIPLELIFT, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TRIPLELIFT, INC. 401(K) PLAN is 0.02%.

Enrollment Features

TRIPLELIFT, INC. 401(K) 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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