REDISCOVER RETIREMENT PLAN

Plan Contact

  • Address: 1555 NE RICE ROAD,LEES SUMMIT,MO
  • Contact person: JENNIFER JOHNSON
  • Phone: (816) 347-3299

Plan General Information

REDISCOVER RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of REDISCOVER RETIREMENT PLAN is $22,739,461.00.This plan was established in 2007.

REDISCOVER RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in REDISCOVER RETIREMENT PLAN is 958

REDISCOVER RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for REDISCOVER RETIREMENT PLAN is $23,736.00

REDISCOVER RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for REDISCOVER RETIREMENT PLAN is $3,069.00.

REDISCOVER RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in REDISCOVER RETIREMENT PLAN is approximately $1,055.00
Investing in this additonal $1,055.00 for 20 years would give you extra $67,538.00, assuming a 10% annual return.

REDISCOVER RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, REDISCOVER RETIREMENT PLAN allocates $1,010,965.00 to match its employees' contributions, providing an employer match rate of 38.32% of their contributions

REDISCOVER RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of REDISCOVER RETIREMENT PLAN is 24.60%.

REDISCOVER RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for REDISCOVER RETIREMENT PLAN is 16.76%. This measures the effectiveness of the plan participants' investments in the year.

REDISCOVER RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of REDISCOVER RETIREMENT PLAN is 0.42%.

Enrollment Features

REDISCOVER RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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