TARC 403B RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of TARC 403B RETIREMENT PLAN is $3,547,808.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in TARC 403B RETIREMENT PLAN is 118

In 2022, the average participant retirement account value for TARC 403B RETIREMENT PLAN is $30,066

In 2022, the estimated average employee contribution amount per participant for TARC 403B RETIREMENT PLAN is $1,453

In 2022, the estimated average employer match for an employee in TARC 403B RETIREMENT PLAN is approximately $847

In 2022, TARC 403B RETIREMENT PLAN allocates $100,019 to match its employees’ contributions, providing an employer match rate of 46.34% of their contributions

In 2022, the total retirement plan asset growth rate of TARC 403B RETIREMENT PLAN is -19.81%

In 2022, the estimated aggregate retirement account investment gain/loss for TARC 403B RETIREMENT PLAN is -13.70%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TARC 403B RETIREMENT PLAN is 0.89%.

Enrollment Features

TARC 403B 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.