THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI

Plan Contact

  • Address: 101 NORTH CHERRY STREET,,WINSTON SALEM,NC
  • Contact person: D. CHRISTOPHER CASH
  • Phone: (336) 661-0015

Plan General Information

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is $38,687,363.00.This plan was established in 1977.

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is 160

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Average Participant Retirement Account Value

In 2022, the average participant retirement account value for THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is $241,796.00

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is $512.00.

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is approximately $1,179.00
Investing in this additonal $1,179.00 for 20 years would give you extra $75,480.00, assuming a 10% annual return.

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Total Employer Contribution and Match Rate

In 2022, THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI allocates $188,700.00 to match its employees' contributions, providing an employer match rate of 225.13% of their contributions

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is -17.22%.

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is -6.81%. This measures the effectiveness of the plan participants' investments in the year.

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI Expense Ratio

In 2022, the investment and administrative expense ratio of THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI is 0.00%.

Enrollment Features

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI 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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