AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 4101 WASHINGTON AVENUE,,NEWPORT NEWS,VA
- Contact person: KAREN VELKEY
- Phone: (757) 380-2000
Plan General Information
AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN is 3315
AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN is $3,378.00.
AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN is approximately $588.00
Investing in this additonal $588.00 for 20 years would give you extra $37,655.00, assuming a 10% annual return.
Investing in this additonal $588.00 for 20 years would give you extra $37,655.00, assuming a 10% annual return.
AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2018, AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN allocates $1,950,413.00 to match its employees' contributions, providing an employer match rate of 34.83% of their contributions
Enrollment Features
AMSEC EMPLOYEES 401(K) PROFIT SHARING PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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