LORAIN COUNTY COMMUNITY ACTION AGENCY
Plan Contact
- Address: 690 BROADWAY,LORAIN,OH
- Phone: (440) 245-2009
Plan General Information
LORAIN COUNTY COMMUNITY ACTION AGENCY Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of LORAIN COUNTY COMMUNITY ACTION AGENCY is $2,638,296.00.This plan was established in 1994.
LORAIN COUNTY COMMUNITY ACTION AGENCY Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in LORAIN COUNTY COMMUNITY ACTION AGENCY is 334
LORAIN COUNTY COMMUNITY ACTION AGENCY Average Participant Retirement Account Value
In 2020, the average participant retirement account value for LORAIN COUNTY COMMUNITY ACTION AGENCY is $7,899.00
LORAIN COUNTY COMMUNITY ACTION AGENCY Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for LORAIN COUNTY COMMUNITY ACTION AGENCY is $668.00.
LORAIN COUNTY COMMUNITY ACTION AGENCY Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in LORAIN COUNTY COMMUNITY ACTION AGENCY is approximately $349.00
Investing in this additonal $349.00 for 20 years would give you extra $22,341.00, assuming a 10% annual return.
Investing in this additonal $349.00 for 20 years would give you extra $22,341.00, assuming a 10% annual return.
LORAIN COUNTY COMMUNITY ACTION AGENCY Total Employer Contribution and Match Rate
In 2020, LORAIN COUNTY COMMUNITY ACTION AGENCY allocates $116,594.00 to match its employees' contributions, providing an employer match rate of 104.50% of their contributions
LORAIN COUNTY COMMUNITY ACTION AGENCY Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of LORAIN COUNTY COMMUNITY ACTION AGENCY is 9.83%.
LORAIN COUNTY COMMUNITY ACTION AGENCY Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for LORAIN COUNTY COMMUNITY ACTION AGENCY is 5.14%. This measures the effectiveness of the plan participants' investments in the year.
LORAIN COUNTY COMMUNITY ACTION AGENCY Expense Ratio
In 2020, the investment and administrative expense ratio of LORAIN COUNTY COMMUNITY ACTION AGENCY is 0.00%.
Enrollment Features
LORAIN COUNTY COMMUNITY ACTION AGENCY 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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