PENN FOSTER, INC. 401(K) PLAN
Plan Contact
- Address: 925 OAK STREET,SCRANTON,PA
- Phone: (570) 961-4611
Plan General Information
PENN FOSTER, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PENN FOSTER, INC. 401(K) PLAN is $48,814,732.00.This plan was established in 2011.
PENN FOSTER, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PENN FOSTER, INC. 401(K) PLAN is 1194
PENN FOSTER, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PENN FOSTER, INC. 401(K) PLAN is $40,883.00
PENN FOSTER, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PENN FOSTER, INC. 401(K) PLAN is $2,732.00.
PENN FOSTER, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PENN FOSTER, INC. 401(K) PLAN is approximately $786.00
Investing in this additonal $786.00 for 20 years would give you extra $50,321.00, assuming a 10% annual return.
Investing in this additonal $786.00 for 20 years would give you extra $50,321.00, assuming a 10% annual return.
PENN FOSTER, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, PENN FOSTER, INC. 401(K) PLAN allocates $938,818.00 to match its employees' contributions, providing an employer match rate of 34.26% of their contributions
PENN FOSTER, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PENN FOSTER, INC. 401(K) PLAN is 36.65%.
PENN FOSTER, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PENN FOSTER, INC. 401(K) PLAN is 40.45%. This measures the effectiveness of the plan participants' investments in the year.
PENN FOSTER, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PENN FOSTER, INC. 401(K) PLAN is 0.28%.
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