FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 4220 APEX HWY SUITE 330,DURHAM,NC
- Contact person: REGGIE CLARK
- Phone: (919) 490-5577
Plan General Information
At the end of 2022, the total retirement plan assets of FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is $6,864,526.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is 246
In 2022, the average participant retirement account value for FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is $27,904
In 2022, the estimated average employee contribution amount per participant for FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is $1,616
In 2022, the estimated average employer match for an employee in FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is approximately $1,145
In 2022, FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN allocates $281,763 to match its employees’ contributions, providing an employer match rate of 70.00% of their contributions
In 2022, the total retirement plan asset growth rate of FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is -8.13%
In 2022, the estimated aggregate retirement account investment gain/loss for FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is -13.61%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is 0.12%.