401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC.

Plan Contact

  • Address: 360 MERRIMACK ST STE 355,LAWRENCE,MA
  • Contact person: NOREEN NAFUNA
  • Phone: (978) 687-1617

Plan General Information

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is $4,666,846.00.This plan was established in 2004.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is 266

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is $17,544.00

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is $950.00.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is 13.86%.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is 14.31%. This measures the effectiveness of the plan participants' investments in the year.

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. is 0.01%.

Enrollment Features

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. 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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