WE CARE 401(K) RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 401 AMHERST ST.,BUFFALO,NY
  • Contact person: KELLIE HUSSAR
  • Phone: (716) 898-7944

Plan General Information

WE CARE 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of WE CARE 401(K) RETIREMENT SAVINGS PLAN is $519,328.00.This plan was established in 2017.

WE CARE 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in WE CARE 401(K) RETIREMENT SAVINGS PLAN is 218

WE CARE 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2018, the average participant retirement account value for WE CARE 401(K) RETIREMENT SAVINGS PLAN is $2,382.00

WE CARE 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for WE CARE 401(K) RETIREMENT SAVINGS PLAN is $760.00.

WE CARE 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in WE CARE 401(K) RETIREMENT SAVINGS PLAN is approximately $192.00
Investing in this additonal $192.00 for 20 years would give you extra $12,300.00, assuming a 10% annual return.

WE CARE 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2018, WE CARE 401(K) RETIREMENT SAVINGS PLAN allocates $41,897.00 to match its employees' contributions, providing an employer match rate of 50.51% of their contributions

WE CARE 401(K) RETIREMENT SAVINGS PLAN Expense Ratio

In 2018, the investment and administrative expense ratio of WE CARE 401(K) RETIREMENT SAVINGS PLAN is 2.46%.

Enrollment Features

WE CARE 401(K) RETIREMENT SAVINGS 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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