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DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI

Plan Contact

  • Address: 6200 SAN AMARO DRIVE,,CORAL GABLES,FL
  • Contact person: CRISTINA ELGARRESTA
  • Phone: (305) 284-3004

Plan General Information

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is $1,145,895,297.00.This plan was established in 1980.

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is 2670

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Average Participant Retirement Account Value

In 2023, the average participant retirement account value for DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is $429,174.00

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is approximately $6,919.00
Investing in this additonal $6,919.00 for 20 years would give you extra $442,845.00, assuming a 10% annual return.

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is 9.35%.

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is 14.54%. This measures the effectiveness of the plan participants' investments in the year.

DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI Expense Ratio

In 2023, the investment and administrative expense ratio of DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY OF THE UNIVERSITY OF MIAMI is 0.05%.

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