BARUCH 403(B) PLAN

Overview

Plan Contact

  • Address: 3196 KRAFT AVE STE 203,GRAND RAPIDS,MI
  • Contact person: JAMES TEW
  • Phone: (616) 464-1564

Plan General Information


At the end of 2022, the total retirement plan assets of BARUCH 403(B) PLAN is $4,432,499.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in BARUCH 403(B) PLAN is 945

In 2022, the average participant retirement account value for BARUCH 403(B) PLAN is $4,690

In 2022, the estimated average employee contribution amount per participant for BARUCH 403(B) PLAN is $540

In 2022, the estimated average employer match for an employee in BARUCH 403(B) PLAN is approximately $160

In 2022, BARUCH 403(B) PLAN allocates $151,682 to match its employees’ contributions, providing an employer match rate of 30.50% of their contributions

In 2022, the total retirement plan asset growth rate of BARUCH 403(B) PLAN is -17.17%

In 2022, the estimated aggregate retirement account investment gain/loss for BARUCH 403(B) PLAN is -15.90%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BARUCH 403(B) PLAN is 0.77%.

Enrollment Features

BARUCH 403(B) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.