PHPNI RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of PHPNI RETIREMENT PLAN is $18,253,773.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in PHPNI RETIREMENT PLAN is 236

In 2022, the average participant retirement account value for PHPNI RETIREMENT PLAN is $77,346

In 2022, the estimated average employee contribution amount per participant for PHPNI RETIREMENT PLAN is $4,206

In 2022, the estimated average employer match for an employee in PHPNI RETIREMENT PLAN is approximately $2,622

In 2022, PHPNI RETIREMENT PLAN allocates $618,976 to match its employees’ contributions, providing an employer match rate of 64.96% of their contributions

In 2022, the total retirement plan asset growth rate of PHPNI RETIREMENT PLAN is -25.08%

In 2022, the estimated aggregate retirement account investment gain/loss for PHPNI RETIREMENT PLAN is -15.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PHPNI RETIREMENT PLAN is 0.35%.

Enrollment Features

PHPNI 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.