CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES
Plan Contact
- Address: 1055 HARTFORD TURNPIKE,WATERFORD,CT
- Contact person: BRIAN ORENSTEIN
- Phone: (860) 446-3239
Plan General Information
CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES is 149
CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES is $1,678.00.
CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES is approximately $367.00
Investing in this additonal $367.00 for 20 years would give you extra $23,492.00, assuming a 10% annual return.
Investing in this additonal $367.00 for 20 years would give you extra $23,492.00, assuming a 10% annual return.
CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate
In 2019, CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES allocates $54,694.00 to match its employees' contributions, providing an employer match rate of 43.74% of their contributions
Enrollment Features
CHARTER OAK FEDERAL CREDIT UNION 401(K) PLAN FOR UNION EMPLOYEES 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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