CES, INC. 401(K) RETIREMENT BENEFIT PLAN

Plan Contact

  • Address: ONE MERCHANTS PLAZA, SUITE 701,BANGOR,ME
  • Phone: (207) 989-4824

Plan General Information

CES, INC. 401(K) RETIREMENT BENEFIT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CES, INC. 401(K) RETIREMENT BENEFIT PLAN is 145

CES, INC. 401(K) RETIREMENT BENEFIT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CES, INC. 401(K) RETIREMENT BENEFIT PLAN is $3,400.00.

CES, INC. 401(K) RETIREMENT BENEFIT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CES, INC. 401(K) RETIREMENT BENEFIT PLAN is approximately $1,437.00
Investing in this additonal $1,437.00 for 20 years would give you extra $91,973.00, assuming a 10% annual return.

CES, INC. 401(K) RETIREMENT BENEFIT PLAN Total Employer Contribution and Match Rate

In 2022, CES, INC. 401(K) RETIREMENT BENEFIT PLAN allocates $208,377.00 to match its employees' contributions, providing an employer match rate of 46.42% of their contributions

Enrollment Features

CES, INC. 401(K) RETIREMENT BENEFIT 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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