TULIP 401(K) PLAN

Plan Contact

  • Address: 77 MIDDLESEX AVENUE,,SOMERVILLE,MA
  • Contact person: DAVID LOWE
  • Phone: (833) 468-8547

Plan General Information

TULIP 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TULIP 401(K) PLAN is $5,934,825.00.This plan was established in 2019.

TULIP 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TULIP 401(K) PLAN is 234

TULIP 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TULIP 401(K) PLAN is $25,362.00

TULIP 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TULIP 401(K) PLAN is $16,532.00.

TULIP 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TULIP 401(K) PLAN is 132.08%.

TULIP 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TULIP 401(K) PLAN is 23.35%. This measures the effectiveness of the plan participants' investments in the year.

TULIP 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TULIP 401(K) PLAN is 0.08%.

Enrollment Features

TULIP 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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