ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 1500 PELHAM PARKWAY SOUTH,BRONX,NY
  • Contact person: RICHARD SANTIAGO
  • Phone: (718) 794-2341

Plan General Information

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is $18,722,022.00.This plan was established in 2003.

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is 465

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is $40,262.00

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is $2,890.00.

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is approximately $1,650.00
Investing in this additonal $1,650.00 for 20 years would give you extra $105,640.00, assuming a 10% annual return.

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN allocates $767,546.00 to match its employees' contributions, providing an employer match rate of 61.33% of their contributions

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is 22.74%.

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is 18.08%. This measures the effectiveness of the plan participants' investments in the year.

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN is 0.20%.

Enrollment Features

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS 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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