TULIP 401K PLAN

Plan Contact

  • Address: 77 MIDDLESEX AVE,SOMERVILLE,MA
  • Contact person: PATTY GIGLIOTTI
  • Phone: (833) 468-8547

Plan General Information

TULIP 401K PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of TULIP 401K PLAN is $2,557,246.00.This plan was established in 2019.

TULIP 401K PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in TULIP 401K PLAN is 138

TULIP 401K PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for TULIP 401K PLAN is $18,530.00

TULIP 401K PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for TULIP 401K PLAN is $19,797.00.

TULIP 401K PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of TULIP 401K PLAN is 53.85%.

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

In 2022, the estimated aggregate retirement account investment gain/loss for TULIP 401K PLAN is -14.61%. This measures the effectiveness of the plan participants' investments in the year.

TULIP 401K PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of TULIP 401K PLAN is 0.07%.

Enrollment Features

TULIP 401K 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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