CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is $3,562,414.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is 189

In 2022, the average participant retirement account value for CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is $18,848

In 2022, the estimated average employee contribution amount per participant for CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is $1,709

In 2022, the estimated average employer match for an employee in CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is approximately $186

In 2022, CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN allocates $35,215 to match its employees’ contributions, providing an employer match rate of 10.22% of their contributions

In 2022, the total retirement plan asset growth rate of CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is -22.25%

In 2022, the estimated aggregate retirement account investment gain/loss for CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is -19.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN is 1.06%.

Enrollment Features

CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.