BELMONT ABBEY COLLEGE RETIREMENT PLAN
Plan Contact
- Address: 100 BELMONT-MT. HOLLY ROAD,BELMONT,NC
- Phone: (704) 461-6714
Plan General Information
BELMONT ABBEY COLLEGE RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BELMONT ABBEY COLLEGE RETIREMENT PLAN is $30,883,337.00.This plan was established in 1989.
BELMONT ABBEY COLLEGE RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BELMONT ABBEY COLLEGE RETIREMENT PLAN is 538
BELMONT ABBEY COLLEGE RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BELMONT ABBEY COLLEGE RETIREMENT PLAN is $57,403.00
BELMONT ABBEY COLLEGE RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BELMONT ABBEY COLLEGE RETIREMENT PLAN is $1,780.00.
BELMONT ABBEY COLLEGE RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BELMONT ABBEY COLLEGE RETIREMENT PLAN is approximately $1,230.00
Investing in this additonal $1,230.00 for 20 years would give you extra $78,729.00, assuming a 10% annual return.
Investing in this additonal $1,230.00 for 20 years would give you extra $78,729.00, assuming a 10% annual return.
BELMONT ABBEY COLLEGE RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, BELMONT ABBEY COLLEGE RETIREMENT PLAN allocates $661,819.00 to match its employees' contributions, providing an employer match rate of 68.31% of their contributions
BELMONT ABBEY COLLEGE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BELMONT ABBEY COLLEGE RETIREMENT PLAN is 16.44%.
BELMONT ABBEY COLLEGE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BELMONT ABBEY COLLEGE RETIREMENT PLAN is 15.63%. This measures the effectiveness of the plan participants' investments in the year.
BELMONT ABBEY COLLEGE RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BELMONT ABBEY COLLEGE RETIREMENT PLAN is 0.29%.
Enrollment Features
BELMONT ABBEY COLLEGE RETIREMENT 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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