403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES

At the end of 2021, the total retirement plan assets of 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is $15,323,926.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is 824

In 2021, the average participant retirement account value for 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is $18,596

In 2021, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is $707

In 2021, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is approximately $883

In 2021, 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES allocates $727,763 to match its employees’ contributions, providing an employer match rate of 124.91% of their contributions

In 2021, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is 9.75%

In 2021, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is 11.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of 403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES is 0.05%.

Enrollment Features

403(B) THRIFT PLAN OF CHILD CARE ASSOCIATES 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.