UTC PUERTO RICO SAVINGS PLAN

Overview

Plan Contact

  • Address: FELICIA INDUSTRIAL PARK,,SANTA ISABEL,PR
  • Contact person: KELLY B. LAPPIN
  • Phone: (787) 845-4343

Plan General Information


At the end of 2022, the total retirement plan assets of UTC PUERTO RICO SAVINGS PLAN is $72,709,039.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in UTC PUERTO RICO SAVINGS PLAN is 2459

In 2022, the average participant retirement account value for UTC PUERTO RICO SAVINGS PLAN is $29,568

In 2022, the estimated average employee contribution amount per participant for UTC PUERTO RICO SAVINGS PLAN is $3,817

In 2022, the estimated average employer match for an employee in UTC PUERTO RICO SAVINGS PLAN is approximately $1,578

In 2022, UTC PUERTO RICO SAVINGS PLAN allocates $3,881,212 to match its employees’ contributions, providing an employer match rate of 41.69% of their contributions

In 2022, the total retirement plan asset growth rate of UTC PUERTO RICO SAVINGS PLAN is -9.60%

In 2022, the estimated aggregate retirement account investment gain/loss for UTC PUERTO RICO SAVINGS PLAN is -9.73%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTC PUERTO RICO SAVINGS PLAN is 0.00%.

Enrollment Features