HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN

Plan Contact

  • Address: 5920B SUMMERS LN,BAILEYS CROSSROADS,VA
  • Phone: (703) 820-2457

Plan General Information

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is $2,122,105.00.This plan was established in 1993.

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is 265

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is $8,007.00

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is $168.00.

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is approximately $224.00
Investing in this additonal $224.00 for 20 years would give you extra $14,340.00, assuming a 10% annual return.

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN allocates $59,380.00 to match its employees' contributions, providing an employer match rate of 146.89% of their contributions

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is 13.34%.

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is 15.01%. This measures the effectiveness of the plan participants' investments in the year.

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN is 0.44%.

Enrollment Features

HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN 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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