MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN

Plan Contact

  • Address: 902 JACKSONVILLE ROAD,BURLINGTON,NJ
  • Contact person: ANDA DURSO
  • Phone: (609) 239-3820

Plan General Information

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is $15,633,197.00.This plan was established in 2006.

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is 596

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is $26,230.00

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is $1,562.00.

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is approximately $473.00
Investing in this additonal $473.00 for 20 years would give you extra $30,316.00, assuming a 10% annual return.

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN allocates $282,319.00 to match its employees' contributions, providing an employer match rate of 31.84% of their contributions

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is 17.69%.

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is 13.91%. This measures the effectiveness of the plan participants' investments in the year.

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) SAVINGS PLAN is 0.31%.

Enrollment Features

MASONIC CHARITY FOUNDATION OF NEW JERSEY 403(B) 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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