FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN

  • Address: PO BOX 840129,HOUSTON,TX
  • Contact person: CATHERINE RIGBY
  • Phone: (281) 856-5418

FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT 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.

At the end of 2022, the total retirement plan assets of FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is $29,335,722.00.This plan was established in 1975.

At the end of 2022, the total number of retirement plan participants in FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is 446

In 2022, the average participant retirement account value for FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is $65,775.00

In 2022, the estimated average employee contribution amount per participant for FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is $3,908.00

In 2022, the estimated average employer match for an employee in FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is approximately $3,581.00

In 2022, FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN allocates $1,597,268.00 to match its employees' contributions, providing an employer match rate of 108.82% of their contributions

In 2022, the total retirement plan asset growth rate of FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is -11.17%

In 2022, the estimated aggregate retirement account investment gain/loss for FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is -14.60%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of FIRST COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN is 0.59%.

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