RAND WORLDWIDE 401(K) PLAN
Overview
Plan Contact
- Address: 11201 DOLFIELD BLVD.,,OWINGS MILLS,MD
- Contact person: LORI SRB
- Phone: (410) 753-1541
Plan General Information
At the end of 2022, the total retirement plan assets of RAND WORLDWIDE 401(K) PLAN is $56,292,791.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in RAND WORLDWIDE 401(K) PLAN is 483
In 2022, the average participant retirement account value for RAND WORLDWIDE 401(K) PLAN is $116,548
In 2022, the estimated average employee contribution amount per participant for RAND WORLDWIDE 401(K) PLAN is $8,911
In 2022, the estimated average employer match for an employee in RAND WORLDWIDE 401(K) PLAN is approximately $3,501
In 2022, RAND WORLDWIDE 401(K) PLAN allocates $1,691,436 to match its employees’ contributions, providing an employer match rate of 39.54% of their contributions
In 2022, the total retirement plan asset growth rate of RAND WORLDWIDE 401(K) PLAN is -11.61%
In 2022, the estimated aggregate retirement account investment gain/loss for RAND WORLDWIDE 401(K) PLAN is -17.79%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RAND WORLDWIDE 401(K) PLAN is 0.01%.
Enrollment Features
RAND WORLDWIDE 401(K) 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.