SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN

Plan Contact

  • Address: 1605 SALDANA AVENUE,LAREDO,TX
  • Contact person: ISELA DABDOUB
  • Phone: (956) 724-5111

Plan General Information

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is $4,786,766.00.This plan was established in 2001.

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is 207

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is $23,124.00

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is $1,151.00.

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is approximately $1,468.00
Investing in this additonal $1,468.00 for 20 years would give you extra $93,995.00, assuming a 10% annual return.

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN allocates $304,016.00 to match its employees' contributions, providing an employer match rate of 128.75% of their contributions

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is 26.71%.

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is 19.07%. This measures the effectiveness of the plan participants' investments in the year.

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN is 1.14%.

Enrollment Features

SERVING CHILDREN AND ADULTS IN NEED, INC. 401(K) PLAN 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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