AVE MARIA HOME RETIREMENT PLAN

Overview

Plan Contact

  • Address: 2805 CHARLES BRYAN ROAD,MEMPHIS,TN
  • Contact person: CRAIG HOFER
  • Phone: (901) 405-3797

Plan General Information


At the end of 2022, the total retirement plan assets of AVE MARIA HOME RETIREMENT PLAN is $1,726,120.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in AVE MARIA HOME RETIREMENT PLAN is 220

In 2022, the average participant retirement account value for AVE MARIA HOME RETIREMENT PLAN is $7,846

In 2022, the estimated average employee contribution amount per participant for AVE MARIA HOME RETIREMENT PLAN is $1,006

In 2022, the estimated average employer match for an employee in AVE MARIA HOME RETIREMENT PLAN is approximately $303

In 2022, AVE MARIA HOME RETIREMENT PLAN allocates $66,792 to match its employees’ contributions, providing an employer match rate of 30.30% of their contributions

In 2022, the total retirement plan asset growth rate of AVE MARIA HOME RETIREMENT PLAN is -19.30%

In 2022, the estimated aggregate retirement account investment gain/loss for AVE MARIA HOME RETIREMENT PLAN is -11.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVE MARIA HOME RETIREMENT PLAN is 0.92%.

Enrollment Features

AVE MARIA HOME RETIREMENT 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.