WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN
Plan Contact
- Address: ONE COMMERCE PLAZA,,ALBANY,NY
- Contact person: ROBERT SCHOFIELD
- Phone: (518) 487-7600
Plan General Information
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is $94,084,579.00.This plan was established in 1979.
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is 200
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is $470,422.00
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is $7,905.00.
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is approximately $10,807.00
Investing in this additonal $10,807.00 for 20 years would give you extra $691,671.00, assuming a 10% annual return.
Investing in this additonal $10,807.00 for 20 years would give you extra $691,671.00, assuming a 10% annual return.
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN allocates $2,161,472.00 to match its employees' contributions, providing an employer match rate of 141.66% of their contributions
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is 22.04%.
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is 18.79%. This measures the effectiveness of the plan participants' investments in the year.
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN is 0.09%.
Enrollment Features
WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) 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.
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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