NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is $27,852,393.This plan was established in 1960.

At the end of 2022, the total number of retirement plan participants in NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is 218

In 2022, the average participant retirement account value for NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is $127,763

In 2022, the estimated average employee contribution amount per participant for NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is $1,221

In 2022, the estimated average employer match for an employee in NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $679

In 2022, NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN allocates $148,217 to match its employees’ contributions, providing an employer match rate of 52.07% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is -18.51%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is -13.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION RETIREMENT PLAN is 0.24%.

Enrollment Features

NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS DEFINED CONTRIBUTION 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.