RACI 401K PLAN
Overview
Plan Contact
- Address: 24075 COMMERCE PARK,BEACHWOOD,OH
- Contact person: MIKE MANFULL
- Phone: (216) 831-5700
Plan General Information
At the end of 2022, the total retirement plan assets of RACI 401K PLAN is $15,241,468.This plan was established in 2004.
At the end of 2022, the total number of retirement plan participants in RACI 401K PLAN is 270
In 2022, the average participant retirement account value for RACI 401K PLAN is $56,449
In 2022, the estimated average employee contribution amount per participant for RACI 401K PLAN is $2,710
In 2022, the estimated average employer match for an employee in RACI 401K PLAN is approximately $3,150
In 2022, RACI 401K PLAN allocates $850,668 to match its employees’ contributions, providing an employer match rate of 125.54% of their contributions
In 2022, the total retirement plan asset growth rate of RACI 401K PLAN is -12.47%
In 2022, the estimated aggregate retirement account investment gain/loss for RACI 401K PLAN is -16.90%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RACI 401K PLAN is 0.91%.
Enrollment Features
RACI 401K 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.