SOLVANG LUTHERAN HOME 403(B) PLAN
Plan Contact
- Address: 636 ATTERDAG ROAD,SOLVANG,CA
- Contact person: SALLY MOORE
- Phone: (805) 688-3263
Plan General Information
SOLVANG LUTHERAN HOME 403(B) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of SOLVANG LUTHERAN HOME 403(B) PLAN is $1,938,531.00.This plan was established in 2009.
SOLVANG LUTHERAN HOME 403(B) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in SOLVANG LUTHERAN HOME 403(B) PLAN is 187
SOLVANG LUTHERAN HOME 403(B) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for SOLVANG LUTHERAN HOME 403(B) PLAN is $10,366.00
SOLVANG LUTHERAN HOME 403(B) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for SOLVANG LUTHERAN HOME 403(B) PLAN is $1,102.00.
SOLVANG LUTHERAN HOME 403(B) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in SOLVANG LUTHERAN HOME 403(B) PLAN is approximately $419.00
Investing in this additonal $419.00 for 20 years would give you extra $26,837.00, assuming a 10% annual return.
Investing in this additonal $419.00 for 20 years would give you extra $26,837.00, assuming a 10% annual return.
SOLVANG LUTHERAN HOME 403(B) PLAN Total Employer Contribution and Match Rate
In 2022, SOLVANG LUTHERAN HOME 403(B) PLAN allocates $78,415.00 to match its employees' contributions, providing an employer match rate of 38.03% of their contributions
SOLVANG LUTHERAN HOME 403(B) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of SOLVANG LUTHERAN HOME 403(B) PLAN is -3.58%.
SOLVANG LUTHERAN HOME 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for SOLVANG LUTHERAN HOME 403(B) PLAN is -12.36%. This measures the effectiveness of the plan participants' investments in the year.
SOLVANG LUTHERAN HOME 403(B) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of SOLVANG LUTHERAN HOME 403(B) PLAN is 1.16%.
Enrollment Features
SOLVANG LUTHERAN HOME 403(B) 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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