MASS PARK 401K PLAN
Overview
Plan Contact
- Address: 185 SPRING STREET,SPRINGFIELD,MA
- Phone: (413) 827-8916
Plan General Information
At the end of 2022, the total retirement plan assets of MASS PARK 401K PLAN is $2,265,998.This plan was established in 2008.
At the end of 2022, the total number of retirement plan participants in MASS PARK 401K PLAN is 477
In 2022, the average participant retirement account value for MASS PARK 401K PLAN is $4,750
In 2022, the estimated average employee contribution amount per participant for MASS PARK 401K PLAN is $331
In 2022, the estimated average employer match for an employee in MASS PARK 401K PLAN is approximately $83
In 2022, MASS PARK 401K PLAN allocates $40,000 to match its employees’ contributions, providing an employer match rate of 25.24% of their contributions
In 2022, the total retirement plan asset growth rate of MASS PARK 401K PLAN is -10.44%
In 2022, the estimated aggregate retirement account investment gain/loss for MASS PARK 401K PLAN is -15.82%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of MASS PARK 401K PLAN is 0.71%.
Enrollment Features
MASS PARK 401K PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.