BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN
Plan Contact
- Address: 592 ROCKAWAY AVE,BROOKLYN,NY
- Contact person: SHANTEL WILLIAMSON
- Phone: (718) 345-5000
Plan General Information
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is $9,623,100.00.This plan was established in 2001.
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is 367
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is $26,220.00
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is $2,380.00.
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is approximately $1,589.00
Investing in this additonal $1,589.00 for 20 years would give you extra $101,699.00, assuming a 10% annual return.
Investing in this additonal $1,589.00 for 20 years would give you extra $101,699.00, assuming a 10% annual return.
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN allocates $583,183.00 to match its employees' contributions, providing an employer match rate of 74.47% of their contributions
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is 21.32%.
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is 15.20%. This measures the effectiveness of the plan participants' investments in the year.
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) PLAN is 0.65%.
Enrollment Features
BROWNSVILLE COMMUNITY DEVELOPMENT CORPORATION 401(K) 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.
Recent Articles
- The Hidden Benefit of Emergency Savings Accounts: It’s a ‘Regular’ Savings Account with Free Employer Match
- February 2025 MyPlanIQ Portfolio Update
- Maximizing Your Savings & Investments: The Power of 1% Over Time
- Key Retirement Ages: Essential Milestones for 401(k), IRA, Solo 401(k), SEP IRA, Social Security & Medicare
- Dividend Income Investments: Benefits and Pitfalls
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …