LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN

Overview

Plan Contact

  • Address: 80 MAIDEN LANE,NEW YORK,NY
  • Contact person: JACQUELINE VARGAS
  • Phone: (212) 566-7719

Plan General Information


At the end of 2022, the total retirement plan assets of LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is $16,247,251.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is 333

In 2022, the average participant retirement account value for LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is $48,790

In 2022, the estimated average employee contribution amount per participant for LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is $1,300

In 2022, the estimated average employer match for an employee in LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is approximately $329

In 2022, LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN allocates $109,661 to match its employees’ contributions, providing an employer match rate of 25.66% of their contributions

In 2022, the total retirement plan asset growth rate of LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is -6.95%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is -5.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT PLAN is 0.16%.

Enrollment Features

LOWER EASTSIDE SERVICE CENTER INC FIXED ANNUITY RETIREMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.