WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN

Plan Contact

  • Address: 51 BROAD STREET,LYONS,NY
  • Contact person: JANELLE COOPER
  • Phone: (315) 333-4155

Plan General Information

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is $2,469,204.00.This plan was established in 1990.

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is 434

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is $5,689.00

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is $538.00.

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is approximately $222.00
Investing in this additonal $222.00 for 20 years would give you extra $14,223.00, assuming a 10% annual return.

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Total Employer Contribution and Match Rate

In 2023, WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN allocates $96,452.00 to match its employees' contributions, providing an employer match rate of 50.87% of their contributions

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is 17.26%.

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is 15.06%. This measures the effectiveness of the plan participants' investments in the year.

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT PLAN is 0.17%.

Enrollment Features

WAYNE COUNTY ACTION PROGRAM, INC. 403(B) THRIFT 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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