BFKN PERSONAL RETIREMENT PLAN A

At the end of 2022, the total retirement plan assets of BFKN PERSONAL RETIREMENT PLAN A is $76,418,426.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in BFKN PERSONAL RETIREMENT PLAN A is 133

In 2022, the average participant retirement account value for BFKN PERSONAL RETIREMENT PLAN A is $574,574

In 2022, the estimated average employee contribution amount per participant for BFKN PERSONAL RETIREMENT PLAN A is $12,235

In 2022, the estimated average employer match for an employee in BFKN PERSONAL RETIREMENT PLAN A is approximately $5,317

In 2022, BFKN PERSONAL RETIREMENT PLAN A allocates $707,254 to match its employees’ contributions, providing an employer match rate of 44.13% of their contributions

In 2022, the total retirement plan asset growth rate of BFKN PERSONAL RETIREMENT PLAN A is -15.50%

In 2022, the estimated aggregate retirement account investment gain/loss for BFKN PERSONAL RETIREMENT PLAN A is -16.26%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BFKN PERSONAL RETIREMENT PLAN A is 0.15%.

Enrollment Features

BFKN PERSONAL RETIREMENT PLAN A has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.