RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN
Plan Contact
- Address: 24388 HIGHWAY 1 EAST,,RED LAKE,MN
- Contact person: CYNTHIA GAGNON
- Phone: (218) 679-1800
Plan General Information
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2013, the total retirement plan assets of RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is $19,207,336.00.This plan was established in 1995.
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is 681
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Average Participant Retirement Account Value
In 2013, the average participant retirement account value for RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is $28,204.00
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is $1,795.00.
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is approximately $2,262.00
Investing in this additonal $2,262.00 for 20 years would give you extra $144,796.00, assuming a 10% annual return.
Investing in this additonal $2,262.00 for 20 years would give you extra $144,796.00, assuming a 10% annual return.
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2013, RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN allocates $1,540,726.00 to match its employees' contributions, providing an employer match rate of 252.06% of their contributions
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2013, the total retirement plan asset growth rate of RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is 19.88%.
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2013, the estimated aggregate retirement account investment gain/loss for RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is 17.98%. This measures the effectiveness of the plan participants' investments in the year.
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN Expense Ratio
In 2013, the investment and administrative expense ratio of RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT PLAN is 0.04%.
Enrollment Features
RED LAKE BAND OF CHIPPEWA INDIANS RETIREMENT 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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