PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS
- Address: 224 WESTCHESTER AVENUE,BRONX,NY
- Contact person: MELISSA DELEON
- Phone: (718) 931-9000
At the end of 2022, the total retirement plan assets of PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is $28,932,480.00.This plan was established in 2017.
At the end of 2022, the total number of retirement plan participants in PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is 236
In 2022, the average participant retirement account value for PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is $122,595.00
In 2022, the estimated average employee contribution amount per participant for PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is $5,003.00
In 2022, the estimated average employer match for an employee in PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is approximately $5,734.00
In 2022, PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS allocates $1,353,324.00 to match its employees' contributions, providing an employer match rate of 140.86% of their contributions
In 2022, the total retirement plan asset growth rate of PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is 39.18%
In 2022, the estimated aggregate retirement account investment gain/loss for PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is 30.39%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of PONCE BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is 0.11%.
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