CANDELA 401(K) PLAN
Overview
Plan Contact
- Address: 251 LOCKE DRIVE,MARLBOROGH,MA
- Contact person: SUSAN LYON
- Phone: (774) 294-0171
Plan General Information
At the end of 2022, the total retirement plan assets of CANDELA 401(K) PLAN is $46,999,750.This plan was established in 1986.
At the end of 2022, the total number of retirement plan participants in CANDELA 401(K) PLAN is 642
In 2022, the average participant retirement account value for CANDELA 401(K) PLAN is $73,208
In 2022, the estimated average employee contribution amount per participant for CANDELA 401(K) PLAN is $8,240
In 2022, the estimated average employer match for an employee in CANDELA 401(K) PLAN is approximately $2,244
In 2022, CANDELA 401(K) PLAN allocates $1,440,731 to match its employees’ contributions, providing an employer match rate of 28.41% of their contributions
In 2022, the total retirement plan asset growth rate of CANDELA 401(K) PLAN is -11.70%
In 2022, the estimated aggregate retirement account investment gain/loss for CANDELA 401(K) PLAN is -17.65%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of CANDELA 401(K) PLAN is 0.08%.