RAYMOND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of RAYMOND RETIREMENT PLAN is $12,980,374.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in RAYMOND RETIREMENT PLAN is 1038

In 2022, the average participant retirement account value for RAYMOND RETIREMENT PLAN is $12,505

In 2022, the estimated average employee contribution amount per participant for RAYMOND RETIREMENT PLAN is $1,125

In 2022, the estimated average employer match for an employee in RAYMOND RETIREMENT PLAN is approximately $159

In 2022, RAYMOND RETIREMENT PLAN allocates $165,374 to match its employees’ contributions, providing an employer match rate of 13.95% of their contributions

In 2022, the total retirement plan asset growth rate of RAYMOND RETIREMENT PLAN is -16.66%

In 2022, the estimated aggregate retirement account investment gain/loss for RAYMOND RETIREMENT PLAN is -17.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RAYMOND RETIREMENT PLAN is 0.59%.

Enrollment Features

RAYMOND 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.