OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is $1,855,937.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is 307

In 2022, the average participant retirement account value for OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is $6,045

In 2022, the estimated average employee contribution amount per participant for OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is $904

In 2022, the estimated average employer match for an employee in OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is approximately $514

In 2022, OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN allocates $157,887 to match its employees’ contributions, providing an employer match rate of 58.77% of their contributions

In 2022, the total retirement plan asset growth rate of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is -7.24%

In 2022, the estimated aggregate retirement account investment gain/loss for OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is -14.47%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN is 1.07%.

Enrollment Features

OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) 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.