RECOMMUNITY 401K PLAN

Plan Contact

  • Address: 809 WEST HILL STREET,CHARLOTTE,NC
  • Contact person: DANIELLE SANTUCCI
  • Phone: (704) 697-2001

Plan General Information

RECOMMUNITY 401K PLAN Total Retirement Plan Assets

At the end of 2013, the total retirement plan assets of RECOMMUNITY 401K PLAN is $5,609,288.00.This plan was established in 2011.

RECOMMUNITY 401K PLAN Total Number of Retirement Plan Participants

At the end of 2013, the total number of retirement plan participants in RECOMMUNITY 401K PLAN is 1542

RECOMMUNITY 401K PLAN Average Participant Retirement Account Value

In 2013, the average participant retirement account value for RECOMMUNITY 401K PLAN is $3,637.00

RECOMMUNITY 401K PLAN Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for RECOMMUNITY 401K PLAN is $1,296.00.

RECOMMUNITY 401K PLAN Estimated Average Employer Match

In 2013, the estimated average employer match for an employee in RECOMMUNITY 401K PLAN is approximately $199.00
Investing in this additonal $199.00 for 20 years would give you extra $12,772.00, assuming a 10% annual return.

RECOMMUNITY 401K PLAN Total Employer Contribution and Match Rate

In 2013, RECOMMUNITY 401K PLAN allocates $307,741.00 to match its employees' contributions, providing an employer match rate of 30.80% of their contributions

RECOMMUNITY 401K PLAN Total Retirement Plan Asset Growth Rate

In 2013, the total retirement plan asset growth rate of RECOMMUNITY 401K PLAN is 22.02%.

RECOMMUNITY 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2013, the estimated aggregate retirement account investment gain/loss for RECOMMUNITY 401K PLAN is 21.18%. This measures the effectiveness of the plan participants' investments in the year.

RECOMMUNITY 401K PLAN Expense Ratio

In 2013, the investment and administrative expense ratio of RECOMMUNITY 401K PLAN is 0.55%.

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