403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC.
Plan Contact
- Address: 3190 TYRONE BLVD N,ST PETERSBURG,FL
- Contact person: KEVIN ELLIOTT
- Phone: (727) 345-9111
Plan General Information
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is $2,971,239.00.This plan was established in 2007.
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is 534
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Average Participant Retirement Account Value
In 2023, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is $5,564.00
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is $1,417.00.
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is approximately $127.00
Investing in this additonal $127.00 for 20 years would give you extra $8,165.00, assuming a 10% annual return.
Investing in this additonal $127.00 for 20 years would give you extra $8,165.00, assuming a 10% annual return.
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Total Employer Contribution and Match Rate
In 2023, 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. allocates $68,130.00 to match its employees' contributions, providing an employer match rate of 18.01% of their contributions
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is 18.63%.
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is 11.75%. This measures the effectiveness of the plan participants' investments in the year.
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. Expense Ratio
In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. is 0.02%.
Enrollment Features
403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, 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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