PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN

Plan Contact

  • Address: 3303 PINES VILLAGE CIRCLE,VALPARAISO,IN
  • Contact person: MARTIN SONNENBERG
  • Phone: (219) 465-1591

Plan General Information

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is $2,151,854.00.This plan was established in 1991.

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is 115

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is $18,711.00

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is $1,207.00.

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is approximately $722.00
Investing in this additonal $722.00 for 20 years would give you extra $46,208.00, assuming a 10% annual return.

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Total Employer Contribution and Match Rate

In 2022, PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN allocates $83,030.00 to match its employees' contributions, providing an employer match rate of 56.37% of their contributions

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is -9.28%.

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is -15.58%. This measures the effectiveness of the plan participants' investments in the year.

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN is 1.04%.

Enrollment Features

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT 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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