RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC
Plan Contact
- Address: 744 KIDDER STREET,WILKES BARRE,PA
- Phone: (570) 829-3477
Plan General Information
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is $19,259,762.00.This plan was established in 1978.
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is 1533
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is $12,563.00
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is $707.00.
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is approximately $762.00
Investing in this additonal $762.00 for 20 years would give you extra $48,769.00, assuming a 10% annual return.
Investing in this additonal $762.00 for 20 years would give you extra $48,769.00, assuming a 10% annual return.
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Total Employer Contribution and Match Rate
In 2023, RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC allocates $1,168,188.00 to match its employees' contributions, providing an employer match rate of 215.41% of their contributions
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is 10.17%.
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is 8.68%. This measures the effectiveness of the plan participants' investments in the year.
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC Expense Ratio
In 2023, the investment and administrative expense ratio of RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC is 0.20%.
Enrollment Features
RETIREMENT PLAN FOR EMPLOYEES OF STEP BY STEP, INC 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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