NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN
Plan Contact
- Address: ONE LAMPLIGHTER WAY,MOUNT HERMON,MA
- Contact person: GRETCHEN MAGNUSON
- Phone: (413) 498-3229
Plan General Information
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is $83,826,333.00.This plan was established in 1970.
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is 997
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is $84,078.00
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is $1,357.00.
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is approximately $1,625.00
Investing in this additonal $1,625.00 for 20 years would give you extra $104,057.00, assuming a 10% annual return.
Investing in this additonal $1,625.00 for 20 years would give you extra $104,057.00, assuming a 10% annual return.
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Total Employer Contribution and Match Rate
In 2023, NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN allocates $1,621,022.00 to match its employees' contributions, providing an employer match rate of 118.33% of their contributions
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is 16.95%.
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is 21.48%. This measures the effectiveness of the plan participants' investments in the year.
NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of NORTHFIELD MOUNT HERMON RETIREMENT SAVINGS AND INVESTMENT PLAN is 0.10%.
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