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EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE

Plan Contact

  • Address: 440 S 500 E,SALT LAKE CITY,UT
  • Contact person: JAZZ HAMILTON
  • Phone: (801) 359-8862

Plan General Information

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is $2,673,844.00.This plan was established in 1990.

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is 205

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is $13,043.00

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is $3,090.00.

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is approximately $653.00
Investing in this additonal $653.00 for 20 years would give you extra $41,814.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Total Employer Contribution and Match Rate

In 2023, EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE allocates $133,938.00 to match its employees' contributions, providing an employer match rate of 42.28% of their contributions

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is 37.36%.

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is 14.54%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE Expense Ratio

In 2023, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE is 0.02%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF FIRST STEP HOUSE 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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