MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN
Plan Contact
- Address: 9882 RIVER ROAD,UTICA,NY
- Contact person: AMY TURNER
- Phone: (315) 624-9930
Plan General Information
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is $5,135,459.00.This plan was established in 2007.
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is 306
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is $16,782.00
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is $1,901.00.
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is approximately $974.00
Investing in this additonal $974.00 for 20 years would give you extra $62,396.00, assuming a 10% annual return.
Investing in this additonal $974.00 for 20 years would give you extra $62,396.00, assuming a 10% annual return.
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN allocates $298,335.00 to match its employees' contributions, providing an employer match rate of 102.57% of their contributions
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is 5.96%.
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is 6.05%. This measures the effectiveness of the plan participants' investments in the year.
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN is 0.39%.
Enrollment Features
MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) 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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