CASSIA 403(B) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of CASSIA 403(B) RETIREMENT PLAN is $97,794,522.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in CASSIA 403(B) RETIREMENT PLAN is 4294

In 2022, the average participant retirement account value for CASSIA 403(B) RETIREMENT PLAN is $22,774

In 2022, the estimated average employee contribution amount per participant for CASSIA 403(B) RETIREMENT PLAN is $1,305

In 2022, the estimated average employer match for an employee in CASSIA 403(B) RETIREMENT PLAN is approximately $695

In 2022, CASSIA 403(B) RETIREMENT PLAN allocates $2,986,574 to match its employees’ contributions, providing an employer match rate of 47.59% of their contributions

In 2022, the total retirement plan asset growth rate of CASSIA 403(B) RETIREMENT PLAN is -14.88%

In 2022, the estimated aggregate retirement account investment gain/loss for CASSIA 403(B) RETIREMENT PLAN is -16.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CASSIA 403(B) RETIREMENT PLAN is 0.16%.

Enrollment Features

CASSIA 403(B) 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.
    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.