BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN

Plan Contact

  • Address: 6270 CORPORATE DRIVE,INDIANAPOLIS,IN
  • Contact person: JEFFREY MITTMAN
  • Phone: (317) 684-0600

Plan General Information

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is $8,618,256.00.This plan was established in 1995.

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is 188

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is $45,841.00

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is $3,074.00.

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is approximately $1,187.00
Investing in this additonal $1,187.00 for 20 years would give you extra $75,970.00, assuming a 10% annual return.

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Total Employer Contribution and Match Rate

In 2023, BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN allocates $223,164.00 to match its employees' contributions, providing an employer match rate of 34.08% of their contributions

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is 21.81%.

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is 16.41%. This measures the effectiveness of the plan participants' investments in the year.

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) PLAN is 0.27%.

Enrollment Features

BOSMA INDUSTRIES FOR THE BLIND, INC. 403(B) 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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