BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES
Plan Contact
- Address: 110 EAST 59TH STREET,,NEW YORK,NY
- Contact person: KELLY DURANTE
- Phone: (212) 938-5000
Plan General Information
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is $382,178,156.00.This plan was established in 1982.
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is 3632
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is $105,225.00
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is $15,246.00.
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is approximately $349.00
Investing in this additonal $349.00 for 20 years would give you extra $22,387.00, assuming a 10% annual return.
Investing in this additonal $349.00 for 20 years would give you extra $22,387.00, assuming a 10% annual return.
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Total Employer Contribution and Match Rate
In 2023, BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES allocates $1,270,505.00 to match its employees' contributions, providing an employer match rate of 4.59% of their contributions
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is 18.48%.
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is 18.21%. This measures the effectiveness of the plan participants' investments in the year.
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES Expense Ratio
In 2023, the investment and administrative expense ratio of BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES is 0.16%.
Enrollment Features
BGC GROUP, INC. DEFERRAL PLAN FOR EMPLOYEES OF BGC GROUP, INC., CANTOR FITZGERALD, L.P. AND ITS AFFILIATES has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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