NUVISION FEDERAL CREDIT UNION SAVINGS PLAN

Plan Contact

  • Address: 7812 EDINGER AVENUE,HUNTINGTON BEACH,CA
  • Contact person: TAMI ORTEGA
  • Phone: (714) 375-8055

Plan General Information

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is $62,146,945.00.This plan was established in 1987.

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is 739

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is $84,096.00

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is $4,177.00.

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is approximately $2,335.00
Investing in this additonal $2,335.00 for 20 years would give you extra $149,441.00, assuming a 10% annual return.

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, NUVISION FEDERAL CREDIT UNION SAVINGS PLAN allocates $1,725,578.00 to match its employees' contributions, providing an employer match rate of 56.16% of their contributions

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is 13.59%.

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is 16.48%. This measures the effectiveness of the plan participants' investments in the year.

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NUVISION FEDERAL CREDIT UNION SAVINGS PLAN is 0.14%.

Enrollment Features

NUVISION FEDERAL CREDIT UNION 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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