BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL
Plan Contact
- Address: 500 EXCHANGE STREET,PROVIDENCE,RI
- Contact person: SHANNON BROADBENT
- Phone: (401) 459-5169
Plan General Information
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Total Retirement Plan Assets
At the end of 2015, the total retirement plan assets of BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is $176,576,219.00.This plan was established in 1985.
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is 1517
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Average Participant Retirement Account Value
In 2015, the average participant retirement account value for BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is $116,398.00
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is $8,544.00.
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is approximately $4,294.00
Investing in this additonal $4,294.00 for 20 years would give you extra $274,870.00, assuming a 10% annual return.
Investing in this additonal $4,294.00 for 20 years would give you extra $274,870.00, assuming a 10% annual return.
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Total Employer Contribution and Match Rate
In 2015, BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL allocates $6,515,298.00 to match its employees' contributions, providing an employer match rate of 100.53% of their contributions
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Total Retirement Plan Asset Growth Rate
In 2015, the total retirement plan asset growth rate of BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is 16.94%.
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Estimated Aggregate Retirement Account Investment Gain/Loss
In 2015, the estimated aggregate retirement account investment gain/loss for BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is 2.17%. This measures the effectiveness of the plan participants' investments in the year.
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL Expense Ratio
In 2015, the investment and administrative expense ratio of BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL is 0.00%.
Enrollment Features
BLUE CROSS & BLUE SHIELD OF RI SAVINGS PL has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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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