DAN’S MANAGEMENT COMPANY 401(K) PLAN

Overview

Plan Contact

  • Address: 251 SMITH STREET,PROVIDENCE,RI
  • Contact person: SUSAN COLLINS
  • Phone: (401) 272-9773

Plan General Information


At the end of 2022, the total retirement plan assets of DAN’S MANAGEMENT COMPANY 401(K) PLAN is $1,784,730.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in DAN’S MANAGEMENT COMPANY 401(K) PLAN is 101

In 2022, the average participant retirement account value for DAN’S MANAGEMENT COMPANY 401(K) PLAN is $17,670

In 2022, the estimated average employee contribution amount per participant for DAN’S MANAGEMENT COMPANY 401(K) PLAN is $1,567

In 2022, the estimated average employer match for an employee in DAN’S MANAGEMENT COMPANY 401(K) PLAN is approximately $296

In 2022, DAN’S MANAGEMENT COMPANY 401(K) PLAN allocates $29,906 to match its employees’ contributions, providing an employer match rate of 18.08% of their contributions

In 2022, the total retirement plan asset growth rate of DAN’S MANAGEMENT COMPANY 401(K) PLAN is -17.73%

In 2022, the estimated aggregate retirement account investment gain/loss for DAN’S MANAGEMENT COMPANY 401(K) PLAN is -16.24%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DAN’S MANAGEMENT COMPANY 401(K) PLAN is 0.58%.

Enrollment Features

DAN’S MANAGEMENT COMPANY 401(K) 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.