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BFKN PERSONAL RETIREMENT PLAN A

Plan Contact

  • Address: 200 WEST MADISON STREET, SUITE 3900,CHICAGO,IL
  • Contact person: ROBERTA SALAS
  • Phone: (312) 984-3100

Plan General Information

BFKN PERSONAL RETIREMENT PLAN A Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BFKN PERSONAL RETIREMENT PLAN A is $94,795,878.00.This plan was established in 1992.

BFKN PERSONAL RETIREMENT PLAN A Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BFKN PERSONAL RETIREMENT PLAN A is 136

BFKN PERSONAL RETIREMENT PLAN A Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BFKN PERSONAL RETIREMENT PLAN A is $697,028.00

BFKN PERSONAL RETIREMENT PLAN A Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BFKN PERSONAL RETIREMENT PLAN A is $13,984.00.

BFKN PERSONAL RETIREMENT PLAN A Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BFKN PERSONAL RETIREMENT PLAN A is approximately $6,538.00
Investing in this additonal $6,538.00 for 20 years would give you extra $418,490.00, assuming a 10% annual return.

BFKN PERSONAL RETIREMENT PLAN A Total Employer Contribution and Match Rate

In 2023, BFKN PERSONAL RETIREMENT PLAN A allocates $889,293.00 to match its employees' contributions, providing an employer match rate of 47.99% of their contributions

BFKN PERSONAL RETIREMENT PLAN A Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BFKN PERSONAL RETIREMENT PLAN A is 24.05%.

BFKN PERSONAL RETIREMENT PLAN A Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BFKN PERSONAL RETIREMENT PLAN A is 17.84%. This measures the effectiveness of the plan participants' investments in the year.

BFKN PERSONAL RETIREMENT PLAN A Expense Ratio

In 2023, the investment and administrative expense ratio of BFKN PERSONAL RETIREMENT PLAN A is 0.14%.

Enrollment Features

BFKN PERSONAL RETIREMENT PLAN A 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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