FORUS 401(K)

  • Address: 417 MONTGOMERY ST., SUITE 600,,SAN FRANCISCO,CA
  • Contact person: ALEXANDER JACOBSEN
  • Phone: (415) 390-2618

FORUS 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of FORUS 401(K) is $6,762,346.00.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in FORUS 401(K) is 202

In 2022, the average participant retirement account value for FORUS 401(K) is $33,476.00

In 2022, the estimated average employee contribution amount per participant for FORUS 401(K) is $10,281.00

In 2022, the estimated average employer match for an employee in FORUS 401(K) is approximately $12.00

In 2022, FORUS 401(K) allocates $2,600.00 to match its employees' contributions, providing an employer match rate of 0.15% of their contributions

In 2022, the total retirement plan asset growth rate of FORUS 401(K) is -0.62%

In 2022, the estimated aggregate retirement account investment gain/loss for FORUS 401(K) is -16.25%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of FORUS 401(K) is 0.40%.

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