ESPERANZA 401K PLAN
Plan Contact
- Address: 4261 NORTH 5TH STREET,PHILADELPHIA,PA
- Contact person: WALTER TOLIVER
- Phone: (215) 324-0746
Plan General Information
ESPERANZA 401K PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of ESPERANZA 401K PLAN is $2,368,502.00.This plan was established in 2022.
ESPERANZA 401K PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in ESPERANZA 401K PLAN is 142
ESPERANZA 401K PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for ESPERANZA 401K PLAN is $16,679.00
ESPERANZA 401K PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for ESPERANZA 401K PLAN is $1,227.00.
ESPERANZA 401K PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in ESPERANZA 401K PLAN is approximately $490.00
Investing in this additonal $490.00 for 20 years would give you extra $31,381.00, assuming a 10% annual return.
Investing in this additonal $490.00 for 20 years would give you extra $31,381.00, assuming a 10% annual return.
ESPERANZA 401K PLAN Total Employer Contribution and Match Rate
In 2021, ESPERANZA 401K PLAN allocates $69,627.00 to match its employees' contributions, providing an employer match rate of 39.94% of their contributions
ESPERANZA 401K PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of ESPERANZA 401K PLAN is 25.74%.
ESPERANZA 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for ESPERANZA 401K PLAN is 15.36%. This measures the effectiveness of the plan participants' investments in the year.
ESPERANZA 401K PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of ESPERANZA 401K PLAN is 0.46%.
Enrollment Features
ESPERANZA 401K 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.
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