RTN FEDERAL CREDIT UNION 401(K) PLAN II

Plan Contact

  • Address: 600 MAIN STREET,WALTHAM,MA
  • Contact person: TRACY MERMET
  • Phone: (781) 736-9900

Plan General Information

RTN FEDERAL CREDIT UNION 401(K) PLAN II Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RTN FEDERAL CREDIT UNION 401(K) PLAN II is $4,367,525.00.This plan was established in 1997.

RTN FEDERAL CREDIT UNION 401(K) PLAN II Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RTN FEDERAL CREDIT UNION 401(K) PLAN II is 110

RTN FEDERAL CREDIT UNION 401(K) PLAN II Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RTN FEDERAL CREDIT UNION 401(K) PLAN II is $39,704.00

RTN FEDERAL CREDIT UNION 401(K) PLAN II Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RTN FEDERAL CREDIT UNION 401(K) PLAN II is $2,966.00.

RTN FEDERAL CREDIT UNION 401(K) PLAN II Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RTN FEDERAL CREDIT UNION 401(K) PLAN II is approximately $997.00
Investing in this additonal $997.00 for 20 years would give you extra $63,831.00, assuming a 10% annual return.

RTN FEDERAL CREDIT UNION 401(K) PLAN II Total Employer Contribution and Match Rate

In 2023, RTN FEDERAL CREDIT UNION 401(K) PLAN II allocates $109,710.00 to match its employees' contributions, providing an employer match rate of 67.24% of their contributions

RTN FEDERAL CREDIT UNION 401(K) PLAN II Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RTN FEDERAL CREDIT UNION 401(K) PLAN II is 12.30%.

RTN FEDERAL CREDIT UNION 401(K) PLAN II Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RTN FEDERAL CREDIT UNION 401(K) PLAN II is 15.72%. This measures the effectiveness of the plan participants' investments in the year.

RTN FEDERAL CREDIT UNION 401(K) PLAN II Expense Ratio

In 2023, the investment and administrative expense ratio of RTN FEDERAL CREDIT UNION 401(K) PLAN II is 0.16%.

Enrollment Features

RTN FEDERAL CREDIT UNION 401(K) PLAN II 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.


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