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SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE

Plan Contact

  • Address: 2217 NICOLLET AVE,MINNEAPOLIS,MN
  • Contact person: RYAN CLUKEY
  • Phone: (612) 235-7269

Plan General Information

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is $10,024,978.00.This plan was established in 2012.

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is 466

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is $21,512.00

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is $5,370.00.

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is approximately $1,361.00
Investing in this additonal $1,361.00 for 20 years would give you extra $87,112.00, assuming a 10% annual return.

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Total Employer Contribution and Match Rate

In 2023, SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE allocates $634,288.00 to match its employees' contributions, providing an employer match rate of 50.69% of their contributions

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is 44.50%.

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is 16.50%. This measures the effectiveness of the plan participants' investments in the year.

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE Expense Ratio

In 2023, the investment and administrative expense ratio of SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE is 0.01%.

Enrollment Features

SAFE-HARBOR 403(B) THRIFT PLAN FOR EMPLOYEES OF NUWAY ALLIANCE has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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