FALCON 401(K) PLAN
Overview
Plan Contact
- Address: 56 PARSON STREET, P.O. BOX 1798,PRESQUE ISLE,ME
- Phone: (207) 760-1202
Plan General Information
At the end of 2022, the total retirement plan assets of FALCON 401(K) PLAN is $1,213,838.This plan was established in 2017.
At the end of 2022, the total number of retirement plan participants in FALCON 401(K) PLAN is 107
In 2022, the average participant retirement account value for FALCON 401(K) PLAN is $11,344
In 2022, the estimated average employee contribution amount per participant for FALCON 401(K) PLAN is $2,209
In 2022, the estimated average employer match for an employee in FALCON 401(K) PLAN is approximately $1,237
In 2022, FALCON 401(K) PLAN allocates $132,436 to match its employees’ contributions, providing an employer match rate of 57.64% of their contributions
In 2022, the total retirement plan asset growth rate of FALCON 401(K) PLAN is 4.43%
In 2022, the estimated aggregate retirement account investment gain/loss for FALCON 401(K) PLAN is -17.52%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of FALCON 401(K) PLAN is 0.18%.