DATACOR, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 200 CAMPUS DRIVE SUITE 100,,FLORHAM PARK,NJ
- Contact person: TOM MONTAGNINO
- Phone: (973) 822-1551
Plan General Information
At the end of 2022, the total retirement plan assets of DATACOR, INC. 401(K) PLAN is $29,056,824.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in DATACOR, INC. 401(K) PLAN is 193
In 2022, the average participant retirement account value for DATACOR, INC. 401(K) PLAN is $150,553
In 2022, the estimated average employee contribution amount per participant for DATACOR, INC. 401(K) PLAN is $12,811
In 2022, the estimated average employer match for an employee in DATACOR, INC. 401(K) PLAN is approximately $5,621
In 2022, DATACOR, INC. 401(K) PLAN allocates $1,085,000 to match its employees’ contributions, providing an employer match rate of 51.48% of their contributions
In 2022, the total retirement plan asset growth rate of DATACOR, INC. 401(K) PLAN is -5.54%
In 2022, the estimated aggregate retirement account investment gain/loss for DATACOR, INC. 401(K) PLAN is -16.81%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of DATACOR, INC. 401(K) PLAN is 0.30%.
Enrollment Features
DATACOR, INC. 401(K) 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.