403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC.

At the end of 2022, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is $8,779,532.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is 175

In 2022, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is $50,168

In 2022, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is $3,442

In 2022, the estimated average employer match for an employee in 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is approximately $1,939

In 2022, 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. allocates $339,420 to match its employees’ contributions, providing an employer match rate of 112.69% of their contributions

In 2022, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is -7.20%

In 2022, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is -13.05%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. is 0.01%.

Enrollment Features

403(B) THRIFT PLAN FOR EMPLOYEES OF QUINCY COMMUNITY ACTION PROGRAMS, INC. has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.