BMC 401(K) SAVINGS AND RETIREMENT PLAN
Plan Contact
- Address: 4800 FALLS OF NEUSE ROADE SUITE 400,RALEIGH,NC
- Contact person: HEATHER MCCULLEN
- Phone: (919) 431-1000
Plan General Information
BMC 401(K) SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in BMC 401(K) SAVINGS AND RETIREMENT PLAN is 16070
BMC 401(K) SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for BMC 401(K) SAVINGS AND RETIREMENT PLAN is $2,097.00.
BMC 401(K) SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in BMC 401(K) SAVINGS AND RETIREMENT PLAN is approximately $794.00
Investing in this additonal $794.00 for 20 years would give you extra $50,855.00, assuming a 10% annual return.
Investing in this additonal $794.00 for 20 years would give you extra $50,855.00, assuming a 10% annual return.
BMC 401(K) SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2021, BMC 401(K) SAVINGS AND RETIREMENT PLAN allocates $12,769,527.00 to match its employees' contributions, providing an employer match rate of 37.89% of their contributions
Enrollment Features
BMC 401(K) SAVINGS AND RETIREMENT PLAN 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.
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