EASTERN NATIONAL 403(B) PLAN

At the end of 2022, the total retirement plan assets of EASTERN NATIONAL 403(B) PLAN is $7,441,539.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in EASTERN NATIONAL 403(B) PLAN is 442

In 2022, the average participant retirement account value for EASTERN NATIONAL 403(B) PLAN is $16,836

In 2022, the estimated average employee contribution amount per participant for EASTERN NATIONAL 403(B) PLAN is $1,406

In 2022, the estimated average employer match for an employee in EASTERN NATIONAL 403(B) PLAN is approximately $835

In 2022, EASTERN NATIONAL 403(B) PLAN allocates $369,089 to match its employees’ contributions, providing an employer match rate of 65.05% of their contributions

In 2022, the total retirement plan asset growth rate of EASTERN NATIONAL 403(B) PLAN is -25.15%

In 2022, the estimated aggregate retirement account investment gain/loss for EASTERN NATIONAL 403(B) PLAN is -18.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of EASTERN NATIONAL 403(B) PLAN is 0.15%.

Enrollment Features

EASTERN NATIONAL 403(B) 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.