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OFFENDER AID AND RESTORATION O

Charlottesville, Virginia
11-50 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
401(K) Profit Sharing Plan For Employees Of Offender Aid And Restoration Of Charlottesville - Albemarle, Inc.
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
OFFENDER AID AND RESTORATION O
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$936
Avg Employer Contribution per Person per Year
Competitive
Moderate
Plan Design
Competitive
EE Friendly
Admin Fees as a % of Total Assets
Competitive
16%
1 Year Return
Top Benefits

Peer Group

Size
25-49 employees
Region
South Atlantic
Industry
Public Administration

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
401(K) Profit Sharing Plan For Employees Of Offender Aid And Restoration Of Charlottesville - Albemarle, Inc.
Plan type
401k
Plan start date
07/01/1998
Plan assets
$1,973,914
Participation Rate
100.00 %
Loan %
0.70 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
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Administrative Fees %
Employer
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