NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN

Overview

Plan Contact

  • Address: 159 BURGIN PKWY.,QUINCY,MA
  • Contact person: JAMES FARLEY
  • Phone: (617) 376-0220

Plan General Information


At the end of 2022, the total retirement plan assets of NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is $9,261,869.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is 121

In 2022, the average participant retirement account value for NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is $76,544

In 2022, the estimated average employee contribution amount per participant for NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is $11,627

In 2022, the estimated average employer match for an employee in NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is approximately $3,700

In 2022, NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN allocates $447,776 to match its employees’ contributions, providing an employer match rate of 63.65% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is -15.76%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is -17.12%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL ASSOCIATION OF GOVERNMENT EMPLOYEES OFFICERS & EMPLOYEES 401(K) PLAN is 0.05%.

Enrollment Features