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ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN

Plan Contact

  • Address: 7 CALLE TABONUCO SUITE 105-1349,GUAYNABO,PR
  • Contact person: NELLY OTERO
  • Phone: (787) 999-3100

Plan General Information

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is $9,148,742.00.This plan was established in 1999.

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is 102

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is $89,693.00

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is $3,361.00.

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is approximately $1,309.00
Investing in this additonal $1,309.00 for 20 years would give you extra $83,815.00, assuming a 10% annual return.

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Total Employer Contribution and Match Rate

In 2023, ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN allocates $133,581.00 to match its employees' contributions, providing an employer match rate of 37.31% of their contributions

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is 15.43%.

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is 19.08%. This measures the effectiveness of the plan participants' investments in the year.

ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ORACLE CARIBBEAN SAVINGS AND INVESTMENT PLAN is 0.02%.

Enrollment Features

ORACLE CARIBBEAN SAVINGS AND INVESTMENT 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.


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