BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN

At the end of 2022, the total retirement plan assets of BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is $3,815,462.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is 449

In 2022, the average participant retirement account value for BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is $8,497

In 2022, the estimated average employee contribution amount per participant for BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is $976

In 2022, the estimated average employer match for an employee in BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is approximately $163

In 2022, BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN allocates $73,430 to match its employees’ contributions, providing an employer match rate of 18.31% of their contributions

In 2022, the total retirement plan asset growth rate of BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is -13.39%

In 2022, the estimated aggregate retirement account investment gain/loss for BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is -16.90%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is 0.74%.

Enrollment Features

BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY 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.