FCP GROTON LLC 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 155 HILL STREET,MILFORD,CT
- Contact person: PAMELA ROSSMAN
- Phone: (860) 577-7332
Plan General Information
At the end of 2022, the total retirement plan assets of FCP GROTON LLC 401(K) PROFIT SHARING PLAN is $5,961,665.This plan was established in 2008.
At the end of 2022, the total number of retirement plan participants in FCP GROTON LLC 401(K) PROFIT SHARING PLAN is 237
In 2022, the average participant retirement account value for FCP GROTON LLC 401(K) PROFIT SHARING PLAN is $25,154
In 2022, the estimated average employee contribution amount per participant for FCP GROTON LLC 401(K) PROFIT SHARING PLAN is $4,994
In 2022, the estimated average employer match for an employee in FCP GROTON LLC 401(K) PROFIT SHARING PLAN is approximately $2,732
In 2022, FCP GROTON LLC 401(K) PROFIT SHARING PLAN allocates $647,560 to match its employees’ contributions, providing an employer match rate of 63.40% of their contributions
In 2022, the total retirement plan asset growth rate of FCP GROTON LLC 401(K) PROFIT SHARING PLAN is 22.25%
In 2022, the estimated aggregate retirement account investment gain/loss for FCP GROTON LLC 401(K) PROFIT SHARING PLAN is -15.89%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of FCP GROTON LLC 401(K) PROFIT SHARING PLAN is 0.06%.
Enrollment Features
FCP GROTON LLC 401(K) PROFIT SHARING 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.