WAYPOINT MAINE, INC. 403(B) PLAN
Plan Contact
- Address: 5 DUNAWAY DRIVE,SANFORD,ME
- Contact person: JENNIFER PUTNAM
- Phone: (207) 324-7955
Plan General Information
WAYPOINT MAINE, INC. 403(B) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WAYPOINT MAINE, INC. 403(B) PLAN is $5,388,957.00.This plan was established in 1995.
WAYPOINT MAINE, INC. 403(B) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WAYPOINT MAINE, INC. 403(B) PLAN is 474
WAYPOINT MAINE, INC. 403(B) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WAYPOINT MAINE, INC. 403(B) PLAN is $11,369.00
WAYPOINT MAINE, INC. 403(B) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WAYPOINT MAINE, INC. 403(B) PLAN is $1,506.00.
WAYPOINT MAINE, INC. 403(B) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WAYPOINT MAINE, INC. 403(B) PLAN is approximately $336.00
Investing in this additonal $336.00 for 20 years would give you extra $21,524.00, assuming a 10% annual return.
Investing in this additonal $336.00 for 20 years would give you extra $21,524.00, assuming a 10% annual return.
WAYPOINT MAINE, INC. 403(B) PLAN Total Employer Contribution and Match Rate
In 2023, WAYPOINT MAINE, INC. 403(B) PLAN allocates $159,413.00 to match its employees' contributions, providing an employer match rate of 44.64% of their contributions
WAYPOINT MAINE, INC. 403(B) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WAYPOINT MAINE, INC. 403(B) PLAN is 23.10%.
WAYPOINT MAINE, INC. 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WAYPOINT MAINE, INC. 403(B) PLAN is 16.91%. This measures the effectiveness of the plan participants' investments in the year.
WAYPOINT MAINE, INC. 403(B) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of WAYPOINT MAINE, INC. 403(B) PLAN is 0.61%.
Enrollment Features
WAYPOINT MAINE, INC. 403(B) 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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