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EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC.

Plan Contact

  • Address: 200 RESEARCH PKWY,MERIDEN,CT
  • Contact person: REBECCA BLAZEJOWSKI
  • Phone: (203) 237-9975

Plan General Information

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is $2,628,963.00.This plan was established in 1988.

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is 271

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Average Participant Retirement Account Value

In 2022, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is $9,700.00

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is $1,989.00.

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is approximately $930.00
Investing in this additonal $930.00 for 20 years would give you extra $59,524.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Total Employer Contribution and Match Rate

In 2022, EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. allocates $252,051.00 to match its employees' contributions, providing an employer match rate of 93.52% of their contributions

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is 12.75%.

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is -10.99%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. Expense Ratio

In 2022, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. is 0.12%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF MIDSTATE ARC, INC. 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.


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