THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC.
- Address: P.O. BOX 90,JAMAICA,NY
- Contact person: TATIANA TORRES
- Phone: (718) 641-4700
| Investment Options of THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. (as of 2022) |
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| MIP II CL 1 (FIDELITY MANAGEMENT TRUST COMPANY) |
THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. has the following features:
Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
At the end of 2022, the total retirement plan assets of THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is $95,189,140.00.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is 1982
In 2022, the average participant retirement account value for THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is $48,026.00
In 2022, the estimated average employee contribution amount per participant for THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is $2,848.00
In 2022, the estimated average employer match for an employee in THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is approximately $715.00
In 2022, THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. allocates $1,418,953.00 to match its employees' contributions, providing an employer match rate of 25.06% of their contributions
In 2022, the total retirement plan asset growth rate of THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is -21.85%
In 2022, the estimated aggregate retirement account investment gain/loss for THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is -19.75%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. is 0.05%.
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