SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT
Plan Contact
- Address: 3905 OBERLIN AVE,LORAIN,OH
- Contact person: KENNETH A MALANOWSKI
- Phone: (440) 989-5230
Plan General Information
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is $29,315,218.00.This plan was established in 2022.
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is 4022
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Average Participant Retirement Account Value
In 2021, the average participant retirement account value for SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is $7,288.00
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is $254.00.
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is approximately $149.00
Investing in this additonal $149.00 for 20 years would give you extra $9,555.00, assuming a 10% annual return.
Investing in this additonal $149.00 for 20 years would give you extra $9,555.00, assuming a 10% annual return.
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Total Employer Contribution and Match Rate
In 2021, SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT allocates $600,478.00 to match its employees' contributions, providing an employer match rate of 58.65% of their contributions
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is 7.30%.
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is 12.44%. This measures the effectiveness of the plan participants' investments in the year.
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT Expense Ratio
In 2021, the investment and administrative expense ratio of SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT is 0.05%.
Enrollment Features
SPRENGER RETIREMENT CENTERS EMPLOYEES' RETIREMENT has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
Recent Articles
- A Step-by-Step Guide to Finding Your Old 401(k) Account
- How Paying Credit Card Interest Often Hurts Your Credit Score
- The ABCs of Roth Conversions: Backdoor, Mega Backdoor, and More
- April 2025 MyPlanIQ Portfolio Update
- Paying Off Debt or Funding Retirement? How to Decide When Every Dollar Counts
- The Right Way to Withdraw from Your 401(k) Without Regret
- Retirement Plan Contribution Limits in 2025
- Need to Withdraw From Your 401(k)? Follow This Order: Hardship Withdrawal, 401(k) Loan, and Penalty Withdrawal
- Maximize Your Cash Returns
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …