SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC.

Plan Contact

  • Address: ONE BATTERY PARK PLAZA 5TH FL,NEW YORK,NY
  • Contact person: ANTHONY GIUGLIANO
  • Phone: (212) 493-7577

Plan General Information

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is $16,977,873.00.This plan was established in 1982.

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is 80

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is $212,223.00

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is $7,212.00.

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is approximately $4,052.00
Investing in this additonal $4,052.00 for 20 years would give you extra $259,360.00, assuming a 10% annual return.

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Total Employer Contribution and Match Rate

In 2022, SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. allocates $324,201.00 to match its employees' contributions, providing an employer match rate of 55.49% of their contributions

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is -18.27%.

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is -16.51%. This measures the effectiveness of the plan participants' investments in the year.

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. Expense Ratio

In 2022, the investment and administrative expense ratio of SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. is 0.06%.

Enrollment Features

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, 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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