CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO

Overview

Plan Contact

  • Address: 750 WASHINGTON BLVD, 8TH FLOOR,STAMFORD,CT
  • Contact person: LORI SZERENCSY
  • Phone: (718) 248-1017

Plan General Information


At the end of 2022, the total retirement plan assets of CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is $44,973,953.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is 437

In 2022, the average participant retirement account value for CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is $102,915

In 2022, the estimated average employee contribution amount per participant for CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is $2,449

In 2022, the estimated average employer match for an employee in CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is approximately $2,059

In 2022, CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO allocates $899,905 to match its employees’ contributions, providing an employer match rate of 82.83% of their contributions

In 2022, the total retirement plan asset growth rate of CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is -16.68%

In 2022, the estimated aggregate retirement account investment gain/loss for CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is -15.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO is 0.10%.

Enrollment Features

CITI RETIREMENT SAVINGS PLAN FOR PUERTO RICO 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.