OPEN EXCHANGE, INC. 401(K) PLAN
- Address: 177 HUNTINGTON AVENUE, SUITE 1703,BOSTON,MA
- Contact person: MARK LOEHR
- Phone: (475) 207-3384
OPEN EXCHANGE, INC. 401(K) PLAN has the following features:
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
At the end of 2021, the total retirement plan assets of OPEN EXCHANGE, INC. 401(K) PLAN is $4,816,257.00.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in OPEN EXCHANGE, INC. 401(K) PLAN is 242
In 2021, the average participant retirement account value for OPEN EXCHANGE, INC. 401(K) PLAN is $19,901.00
In 2021, the estimated average employee contribution amount per participant for OPEN EXCHANGE, INC. 401(K) PLAN is $3,932.00
In 2021, the estimated average employer match for an employee in OPEN EXCHANGE, INC. 401(K) PLAN is approximately $1,249.00
In 2021, OPEN EXCHANGE, INC. 401(K) PLAN allocates $302,404.00 to match its employees' contributions, providing an employer match rate of 31.78% of their contributions
In 2021, the total retirement plan asset growth rate of OPEN EXCHANGE, INC. 401(K) PLAN is 85.38%
In 2021, the estimated aggregate retirement account investment gain/loss for OPEN EXCHANGE, INC. 401(K) PLAN is 14.64%. This measures the effectiveness of the plan participants' investments in the year.
In 2021, the investment and administrative expense ratio of OPEN EXCHANGE, INC. 401(K) PLAN is 0.05%.
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