CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN

Plan Contact

  • Address: 6720 MCEVER ROAD,BUFORD,GA
  • Contact person: DAVID EITEL
  • Phone: (678) 546-2608

Plan General Information

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is $2,433,023.00.This plan was established in 2012.

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is 301

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is $8,083.00

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is $708.00.

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is approximately $476.00
Investing in this additonal $476.00 for 20 years would give you extra $30,487.00, assuming a 10% annual return.

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN allocates $143,386.00 to match its employees' contributions, providing an employer match rate of 67.79% of their contributions

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is 18.16%.

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is 12.63%. This measures the effectiveness of the plan participants' investments in the year.

CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CONTEMPORARY MARKETING GROUP, IN 401(K) PLAN is 0.18%.

Enrollment Features

CONTEMPORARY MARKETING GROUP, IN 401(K) 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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