BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST
Overview
Plan Contact
- Address: 1714 N ST NW,WASHINGTON,DC
- Contact person: SHARIFAH MASTEN
- Phone: (202) 302-0217
Plan General Information
At the end of 2022, the total retirement plan assets of BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is $8,618,660.This plan was established in 2008.
At the end of 2022, the total number of retirement plan participants in BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is 303
In 2022, the average participant retirement account value for BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is $28,444
In 2022, the estimated average employee contribution amount per participant for BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is $5,470
In 2022, the estimated average employer match for an employee in BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is approximately $2,918
In 2022, BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST allocates $884,288 to match its employees’ contributions, providing an employer match rate of 58.99% of their contributions
In 2022, the total retirement plan asset growth rate of BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is 3.09%
In 2022, the estimated aggregate retirement account investment gain/loss for BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is -19.20%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST is 0.66%.
Enrollment Features
BARBARICUM 401(K) PROFIT SHARING PLAN AND TRUST 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.