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POTAMKIN RETIREMENT PLAN

Plan Contact

  • Address: 5800 NW 171 STREET,HIALEAH,FL
  • Contact person: SUZY KOLB
  • Phone: (305) 779-4079

Plan General Information

POTAMKIN RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of POTAMKIN RETIREMENT PLAN is $27,031,901.00.This plan was established in 2010.

POTAMKIN RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in POTAMKIN RETIREMENT PLAN is 935

POTAMKIN RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for POTAMKIN RETIREMENT PLAN is $28,911.00

POTAMKIN RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for POTAMKIN RETIREMENT PLAN is $2,556.00.

POTAMKIN RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in POTAMKIN RETIREMENT PLAN is approximately $475.00
Investing in this additonal $475.00 for 20 years would give you extra $30,445.00, assuming a 10% annual return.

POTAMKIN RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, POTAMKIN RETIREMENT PLAN allocates $444,783.00 to match its employees' contributions, providing an employer match rate of 19.11% of their contributions

POTAMKIN RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of POTAMKIN RETIREMENT PLAN is 17.73%.

POTAMKIN RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for POTAMKIN RETIREMENT PLAN is 15.28%. This measures the effectiveness of the plan participants' investments in the year.

POTAMKIN RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of POTAMKIN RETIREMENT PLAN is 0.52%.

Enrollment Features

POTAMKIN RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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