WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 2020 WEST RUDASILL ROAD,TUCSON,AZ
- Contact person: BRENDA HUFFMAN
- Phone: (520) 797-4000
Plan General Information
At the end of 2022, the total retirement plan assets of WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is $43,613,413.This plan was established in 2006.
At the end of 2022, the total number of retirement plan participants in WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is 4414
In 2022, the average participant retirement account value for WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is $9,880
In 2022, the estimated average employee contribution amount per participant for WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is $1,745
In 2022, the estimated average employer match for an employee in WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is approximately $519
In 2022, WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN allocates $2,292,830 to match its employees’ contributions, providing an employer match rate of 29.38% of their contributions
In 2022, the total retirement plan asset growth rate of WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is -5.83%
In 2022, the estimated aggregate retirement account investment gain/loss for WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is -14.05%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN is 0.70%.
Enrollment Features
WATERMARK RETIREMENT COMMUNITIES, LLC 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.