SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is $125,740,286.This plan was established in 1957.

At the end of 2022, the total number of retirement plan participants in SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is 1142

In 2022, the average participant retirement account value for SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is $110,105

In 2022, the estimated average employee contribution amount per participant for SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is $1,420

In 2022, the estimated average employer match for an employee in SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $1,638

In 2022, SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN allocates $1,871,354 to match its employees’ contributions, providing an employer match rate of 113.84% of their contributions

In 2022, the total retirement plan asset growth rate of SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is -13.11%

In 2022, the estimated aggregate retirement account investment gain/loss for SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is -9.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAINT MARY’S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is 0.05%.

Enrollment Features

SAINT MARY’S COLLEGE DEFINED CONTRIBUTION 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.