BTC MOBILITY 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 130 TURNER STREET,,WALTHAM,MA
  • Contact person: RICHARD WHALEN
  • Phone: (781) 370-8000

Plan General Information


At the end of 2022, the total retirement plan assets of BTC MOBILITY 401(K) RETIREMENT PLAN is $23,851,368.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in BTC MOBILITY 401(K) RETIREMENT PLAN is 437

In 2022, the average participant retirement account value for BTC MOBILITY 401(K) RETIREMENT PLAN is $54,579

In 2022, the estimated average employee contribution amount per participant for BTC MOBILITY 401(K) RETIREMENT PLAN is $12,618

In 2022, the estimated average employer match for an employee in BTC MOBILITY 401(K) RETIREMENT PLAN is approximately $1,681

In 2022, BTC MOBILITY 401(K) RETIREMENT PLAN allocates $734,979 to match its employees’ contributions, providing an employer match rate of 26.66% of their contributions

In 2022, the total retirement plan asset growth rate of BTC MOBILITY 401(K) RETIREMENT PLAN is -10.00%

In 2022, the estimated aggregate retirement account investment gain/loss for BTC MOBILITY 401(K) RETIREMENT PLAN is -10.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BTC MOBILITY 401(K) RETIREMENT PLAN is 0.15%.

Enrollment Features

BTC MOBILITY 401(K) RETIREMENT 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.