UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN
- Address: 180 GENESEE STREET,NEW HARTFORD,NY
- Contact person: TANIA TALENTI
- Phone: (315) 734-2000
UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN 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 UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is $277,509,910.00.This plan was established in 1966.
At the end of 2022, the total number of retirement plan participants in UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is 1854
In 2022, the average participant retirement account value for UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is $149,681.00
In 2022, the estimated average employee contribution amount per participant for UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is $5,833.00
In 2022, the estimated average employer match for an employee in UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is approximately $3,519.00
In 2022, UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN allocates $6,524,565.00 to match its employees' contributions, providing an employer match rate of 61.39% of their contributions
In 2022, the total retirement plan asset growth rate of UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is -13.97%
In 2022, the estimated aggregate retirement account investment gain/loss for UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is -14.09%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of UTICA MUTUAL INSURANCE COMPANY EMPLOYEE PROFIT SHARING AND INVESTMENT PLAN is 0.12%.
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