RECOVER TOGETHER 401(K) PROFIT SHARING PLAN

  • Address: 111 SOUTH BEDFORD STREET,,BURLINGTON,MA
  • Contact person: DAN ELIAS
  • Phone: (617) 515-5859

RECOVER TOGETHER 401(K) PROFIT SHARING 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.

At the end of 2022, the total retirement plan assets of RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is $5,351,189.00.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is 578

In 2022, the average participant retirement account value for RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is $9,258.00

In 2022, the estimated average employee contribution amount per participant for RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is $4,277.00

In 2022, the estimated average employer match for an employee in RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is approximately $840.00

In 2022, RECOVER TOGETHER 401(K) PROFIT SHARING PLAN allocates $485,634.00 to match its employees' contributions, providing an employer match rate of 25.37% of their contributions

In 2022, the total retirement plan asset growth rate of RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is 55.28%

In 2022, the estimated aggregate retirement account investment gain/loss for RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is -15.07%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of RECOVER TOGETHER 401(K) PROFIT SHARING PLAN is 0.24%.

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