PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN
Plan Contact
- Address: 9245 NORTH MERIDIAN STREET, STE 210,INDIANAPOLIS,IN
- Contact person: DANNY PORTEE
- Phone: (317) 541-0200
Plan General Information
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is $1,688,769.00.This plan was established in 2013.
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is 410
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is $4,118.00
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is $474.00.
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is approximately $10.00
Investing in this additonal $10.00 for 20 years would give you extra $696.00, assuming a 10% annual return.
Investing in this additonal $10.00 for 20 years would give you extra $696.00, assuming a 10% annual return.
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Total Employer Contribution and Match Rate
In 2023, PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN allocates $4,461.00 to match its employees' contributions, providing an employer match rate of 2.47% of their contributions
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is 12.58%.
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is 11.27%. This measures the effectiveness of the plan participants' investments in the year.
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN is 0.12%.
Enrollment Features
PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS 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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