CONRES SMART RETIRE PLAN

Plan Contact

  • Address: 175 MIDDLESEX TURNPIKE,BEDFORD,MA
  • Contact person: RICHARD REGAN
  • Phone: (781) 275-0850

Plan General Information

CONRES SMART RETIRE PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CONRES SMART RETIRE PLAN is $78,666,936.00.This plan was established in 1981.

CONRES SMART RETIRE PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CONRES SMART RETIRE PLAN is 435

CONRES SMART RETIRE PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CONRES SMART RETIRE PLAN is $180,843.00

CONRES SMART RETIRE PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CONRES SMART RETIRE PLAN is $8,239.00.

CONRES SMART RETIRE PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CONRES SMART RETIRE PLAN is approximately $229.00
Investing in this additonal $229.00 for 20 years would give you extra $14,701.00, assuming a 10% annual return.

CONRES SMART RETIRE PLAN Total Employer Contribution and Match Rate

In 2023, CONRES SMART RETIRE PLAN allocates $99,925.00 to match its employees' contributions, providing an employer match rate of 2.78% of their contributions

CONRES SMART RETIRE PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CONRES SMART RETIRE PLAN is 13.75%.

CONRES SMART RETIRE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CONRES SMART RETIRE PLAN is 17.64%. This measures the effectiveness of the plan participants' investments in the year.

CONRES SMART RETIRE PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CONRES SMART RETIRE PLAN is 0.12%.

Enrollment Features

CONRES SMART RETIRE 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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