PROVENIR GROUP HOLDINGS, LLC

Plan Contact

  • Address: ONE UPPER POND ROAD,,PARSIPPANY,NJ
  • Contact person: KATHLEEN CLARK
  • Phone: (862) 261-3515

Plan General Information

PROVENIR GROUP HOLDINGS, LLC Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PROVENIR GROUP HOLDINGS, LLC is $10,948,172.00.This plan was established in 1997.

PROVENIR GROUP HOLDINGS, LLC Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PROVENIR GROUP HOLDINGS, LLC is 159

PROVENIR GROUP HOLDINGS, LLC Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PROVENIR GROUP HOLDINGS, LLC is $68,856.00

PROVENIR GROUP HOLDINGS, LLC Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PROVENIR GROUP HOLDINGS, LLC is $8,833.00.

PROVENIR GROUP HOLDINGS, LLC Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PROVENIR GROUP HOLDINGS, LLC is approximately $2,165.00
Investing in this additonal $2,165.00 for 20 years would give you extra $138,588.00, assuming a 10% annual return.

PROVENIR GROUP HOLDINGS, LLC Total Employer Contribution and Match Rate

In 2023, PROVENIR GROUP HOLDINGS, LLC allocates $344,305.00 to match its employees' contributions, providing an employer match rate of 25.23% of their contributions

PROVENIR GROUP HOLDINGS, LLC Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PROVENIR GROUP HOLDINGS, LLC is 26.05%.

PROVENIR GROUP HOLDINGS, LLC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PROVENIR GROUP HOLDINGS, LLC is 18.30%. This measures the effectiveness of the plan participants' investments in the year.

PROVENIR GROUP HOLDINGS, LLC Expense Ratio

In 2023, the investment and administrative expense ratio of PROVENIR GROUP HOLDINGS, LLC is 0.41%.

Enrollment Features

PROVENIR GROUP HOLDINGS, LLC 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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