BHS PARTNERSHIP 403B PENSION PLAN

Plan Contact

  • Address: 725 NORTH STREET,PITTSFIELD,MA
  • Contact person: KATHLEEN MCNINCH
  • Phone: (413) 447-2785

Plan General Information

BHS PARTNERSHIP 403B PENSION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BHS PARTNERSHIP 403B PENSION PLAN is $636,680,273.00.This plan was established in 1990.

BHS PARTNERSHIP 403B PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BHS PARTNERSHIP 403B PENSION PLAN is 5534

BHS PARTNERSHIP 403B PENSION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BHS PARTNERSHIP 403B PENSION PLAN is $115,048.00

BHS PARTNERSHIP 403B PENSION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BHS PARTNERSHIP 403B PENSION PLAN is $5,275.00.

BHS PARTNERSHIP 403B PENSION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BHS PARTNERSHIP 403B PENSION PLAN is approximately $2,316.00
Investing in this additonal $2,316.00 for 20 years would give you extra $148,247.00, assuming a 10% annual return.

BHS PARTNERSHIP 403B PENSION PLAN Total Employer Contribution and Match Rate

In 2023, BHS PARTNERSHIP 403B PENSION PLAN allocates $12,818,804.00 to match its employees' contributions, providing an employer match rate of 43.83% of their contributions

BHS PARTNERSHIP 403B PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BHS PARTNERSHIP 403B PENSION PLAN is 12.49%.

BHS PARTNERSHIP 403B PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BHS PARTNERSHIP 403B PENSION PLAN is 14.77%. This measures the effectiveness of the plan participants' investments in the year.

BHS PARTNERSHIP 403B PENSION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BHS PARTNERSHIP 403B PENSION PLAN is 0.16%.

Enrollment Features

BHS PARTNERSHIP 403B PENSION PLAN 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.
    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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