TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE

At the end of 2022, the total retirement plan assets of TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is $648,768,691.This plan was established in 1946.

At the end of 2022, the total number of retirement plan participants in TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is 2578

In 2022, the average participant retirement account value for TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is $251,655

In 2022, the estimated average employee contribution amount per participant for TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is $1,660

In 2022, the estimated average employer match for an employee in TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is approximately $1,156

In 2022, TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE allocates $2,981,724 to match its employees’ contributions, providing an employer match rate of 68.54% of their contributions

In 2022, the total retirement plan asset growth rate of TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is -12.87%

In 2022, the estimated aggregate retirement account investment gain/loss for TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is -8.65%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE is 0.04%.

Enrollment Features

TAX DEFERRED ANNUITY PLAN OF NY MEDICAL COLLEGE has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.