WORKPLACE OPTIONS, LLC RET SVGS PLAN

Plan Contact

  • Address: 3020 HIGHWOODS BOULEVARD,RALEIGH,NC
  • Contact person: ROSEMARY GRAHAM
  • Phone: (919) 834-6506

Plan General Information

WORKPLACE OPTIONS, LLC RET SVGS PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of WORKPLACE OPTIONS, LLC RET SVGS PLAN is $14,156,717.00.This plan was established in 2011.

WORKPLACE OPTIONS, LLC RET SVGS PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in WORKPLACE OPTIONS, LLC RET SVGS PLAN is 547

WORKPLACE OPTIONS, LLC RET SVGS PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for WORKPLACE OPTIONS, LLC RET SVGS PLAN is $25,880.00

WORKPLACE OPTIONS, LLC RET SVGS PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for WORKPLACE OPTIONS, LLC RET SVGS PLAN is $4,506.00.

WORKPLACE OPTIONS, LLC RET SVGS PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in WORKPLACE OPTIONS, LLC RET SVGS PLAN is approximately $1,409.00
Investing in this additonal $1,409.00 for 20 years would give you extra $90,214.00, assuming a 10% annual return.

WORKPLACE OPTIONS, LLC RET SVGS PLAN Total Employer Contribution and Match Rate

In 2022, WORKPLACE OPTIONS, LLC RET SVGS PLAN allocates $771,054.00 to match its employees' contributions, providing an employer match rate of 62.56% of their contributions

WORKPLACE OPTIONS, LLC RET SVGS PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of WORKPLACE OPTIONS, LLC RET SVGS PLAN is -15.25%.

WORKPLACE OPTIONS, LLC RET SVGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for WORKPLACE OPTIONS, LLC RET SVGS PLAN is -16.36%. This measures the effectiveness of the plan participants' investments in the year.

WORKPLACE OPTIONS, LLC RET SVGS PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of WORKPLACE OPTIONS, LLC RET SVGS PLAN is 0.42%.

Enrollment Features

WORKPLACE OPTIONS, LLC RET SVGS 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.


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