WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN

Overview

Plan Contact

  • Address: 1775 EYE STREET NW,,WASHINGTON,DC
  • Contact person: DREW HAMMOND
  • Phone: (202) 774-3200

Plan General Information


At the end of 2021, the total retirement plan assets of WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is $29,769,220.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is 195

In 2021, the average participant retirement account value for WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is $152,662

In 2021, the estimated average employee contribution amount per participant for WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is $5,052

In 2021, the estimated average employer match for an employee in WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is approximately $1,838

In 2021, WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN allocates $358,460 to match its employees’ contributions, providing an employer match rate of 36.38% of their contributions

In 2021, the total retirement plan asset growth rate of WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is 15.23%

In 2021, the estimated aggregate retirement account investment gain/loss for WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is 16.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN is 0.01%.

Enrollment Features

WASHINGTON REAL ESTATE INVESTMENT TRUST EMPLOYEES’ 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.