CENTRA VENTURES, INC. 401(K) PLAN
- Address: 1010 W SAINT GERMAIN ST STE 150,ST CLOUD,MN
- Contact person: MEGHAN WOODS LEHRER
- Phone: (320) 223-6300
CENTRA VENTURES, INC. 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.
At the end of 2022, the total retirement plan assets of CENTRA VENTURES, INC. 401(K) PLAN is $9,710,546.00.This plan was established in 2004.
At the end of 2022, the total number of retirement plan participants in CENTRA VENTURES, INC. 401(K) PLAN is 141
In 2022, the average participant retirement account value for CENTRA VENTURES, INC. 401(K) PLAN is $68,869.00
In 2022, the estimated average employee contribution amount per participant for CENTRA VENTURES, INC. 401(K) PLAN is $5,812.00
In 2022, the estimated average employer match for an employee in CENTRA VENTURES, INC. 401(K) PLAN is approximately $3,795.00
In 2022, CENTRA VENTURES, INC. 401(K) PLAN allocates $535,187.00 to match its employees' contributions, providing an employer match rate of 62.43% of their contributions
In 2022, the total retirement plan asset growth rate of CENTRA VENTURES, INC. 401(K) PLAN is -11.59%
In 2022, the estimated aggregate retirement account investment gain/loss for CENTRA VENTURES, INC. 401(K) PLAN is -14.90%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of CENTRA VENTURES, INC. 401(K) PLAN is 0.13%.
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