THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION

Plan Contact

  • Address: 165 WALMBOLD ROAD,HARLEYSVILLE,PA
  • Contact person: LEONORA ARIZINI
  • Phone: (215) 799-7538

Plan General Information

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is $12,740,654.00.This plan was established in 1981.

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is 153

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Average Participant Retirement Account Value

In 2023, the average participant retirement account value for THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is $83,272.00

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is $4,314.00.

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is approximately $1,307.00
Investing in this additonal $1,307.00 for 20 years would give you extra $83,670.00, assuming a 10% annual return.

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Total Employer Contribution and Match Rate

In 2023, THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION allocates $200,024.00 to match its employees' contributions, providing an employer match rate of 29.91% of their contributions

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is 12.53%.

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is 17.83%. This measures the effectiveness of the plan participants' investments in the year.

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION Expense Ratio

In 2023, the investment and administrative expense ratio of THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION is 0.42%.

Enrollment Features

THRIFT PLAN FOR EMPLOYEES OF PECORA CORPORATION 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.


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