RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN
Plan Contact
- Address: TWO LOGAN SQUARE, 23RD FLOOR,,PHILADELPHIA,PA
- Contact person: ALFRED DILMORE
- Phone: (215) 207-2100
Plan General Information
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2018, the total retirement plan assets of RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is $9,912,023.00.This plan was established in 1998.
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is 364
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2018, the average participant retirement account value for RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is $27,230.00
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is $4,366.00.
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is approximately $1,081.00
Investing in this additonal $1,081.00 for 20 years would give you extra $69,216.00, assuming a 10% annual return.
Investing in this additonal $1,081.00 for 20 years would give you extra $69,216.00, assuming a 10% annual return.
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2018, RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN allocates $393,668.00 to match its employees' contributions, providing an employer match rate of 49.54% of their contributions
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2018, the total retirement plan asset growth rate of RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is -64.70%.
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2018, the estimated aggregate retirement account investment gain/loss for RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is -62.10%. This measures the effectiveness of the plan participants' investments in the year.
RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN Expense Ratio
In 2018, the investment and administrative expense ratio of RAIT FINANCIAL TRUST 401K PROFIT SHARING PLAN is 0.21%.
Enrollment Features
RAIT FINANCIAL TRUST 401K PROFIT SHARING 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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