CONNECT HEARING, INC. 401(K) PLAN

Plan Contact

  • Address: 215 SHUMAN BOULEVARD,,NAPERVILLE,IL
  • Contact person: ALANDA ECHOLS
  • Phone: (630) 303-5380

Plan General Information

CONNECT HEARING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of CONNECT HEARING, INC. 401(K) PLAN is $18,323,281.00.This plan was established in 2011.

CONNECT HEARING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in CONNECT HEARING, INC. 401(K) PLAN is 905

CONNECT HEARING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for CONNECT HEARING, INC. 401(K) PLAN is $20,246.00

CONNECT HEARING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for CONNECT HEARING, INC. 401(K) PLAN is $6,314.00.

CONNECT HEARING, INC. 401(K) PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in CONNECT HEARING, INC. 401(K) PLAN is approximately $1,285.00
Investing in this additonal $1,285.00 for 20 years would give you extra $82,267.00, assuming a 10% annual return.

CONNECT HEARING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2016, CONNECT HEARING, INC. 401(K) PLAN allocates $1,163,313.00 to match its employees' contributions, providing an employer match rate of 40.72% of their contributions

CONNECT HEARING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of CONNECT HEARING, INC. 401(K) PLAN is 13.05%.

CONNECT HEARING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for CONNECT HEARING, INC. 401(K) PLAN is -0.53%. This measures the effectiveness of the plan participants' investments in the year.

CONNECT HEARING, INC. 401(K) PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of CONNECT HEARING, INC. 401(K) PLAN is 0.40%.

Enrollment Features

CONNECT HEARING, INC. 401(K) PLAN 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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