NAMI 403(B) PLAN

At the end of 2022, the total retirement plan assets of NAMI 403(B) PLAN is $13,612,782.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in NAMI 403(B) PLAN is 194

In 2022, the average participant retirement account value for NAMI 403(B) PLAN is $70,168

In 2022, the estimated average employee contribution amount per participant for NAMI 403(B) PLAN is $4,417

In 2022, the estimated average employer match for an employee in NAMI 403(B) PLAN is approximately $1,871

In 2022, NAMI 403(B) PLAN allocates $363,011 to match its employees’ contributions, providing an employer match rate of 43.13% of their contributions

In 2022, the total retirement plan asset growth rate of NAMI 403(B) PLAN is -14.72%

In 2022, the estimated aggregate retirement account investment gain/loss for NAMI 403(B) PLAN is -14.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NAMI 403(B) PLAN is 0.29%.

Enrollment Features

NAMI 403(B) 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.