403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC.

At the end of 2021, the total retirement plan assets of 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is $2,494,522.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is 66

In 2021, the average participant retirement account value for 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is $37,795

In 2021, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is $2,648

In 2021, the estimated average employer match for an employee in 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is approximately $2,357

In 2021, 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. allocates $155,600 to match its employees’ contributions, providing an employer match rate of 89.02% of their contributions

In 2021, the total retirement plan asset growth rate of 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is 28.06%

In 2021, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. is 13.12%. 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 TACONIC INNOVATIONS, INC. is 0.00%.

Enrollment Features

403(B) THRIFT PLAN OF TACONIC INNOVATIONS, INC. 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.