CPL EMPLOYEES SAVINGS PLAN
Plan Contact
- Address: 205 ST . PAUL STREET,ROCHESTER,NY
- Contact person: JOHN CORDES
- Phone: (585) 454-4570
Plan General Information
CPL EMPLOYEES SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CPL EMPLOYEES SAVINGS PLAN is $41,470,467.00.This plan was established in 1989.
CPL EMPLOYEES SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CPL EMPLOYEES SAVINGS PLAN is 535
CPL EMPLOYEES SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CPL EMPLOYEES SAVINGS PLAN is $77,514.00
CPL EMPLOYEES SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CPL EMPLOYEES SAVINGS PLAN is $6,860.00.
CPL EMPLOYEES SAVINGS PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CPL EMPLOYEES SAVINGS PLAN is approximately $1,756.00
Investing in this additonal $1,756.00 for 20 years would give you extra $112,392.00, assuming a 10% annual return.
Investing in this additonal $1,756.00 for 20 years would give you extra $112,392.00, assuming a 10% annual return.
CPL EMPLOYEES SAVINGS PLAN Total Employer Contribution and Match Rate
In 2022, CPL EMPLOYEES SAVINGS PLAN allocates $939,529.00 to match its employees' contributions, providing an employer match rate of 26.57% of their contributions
CPL EMPLOYEES SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CPL EMPLOYEES SAVINGS PLAN is -13.26%.
CPL EMPLOYEES SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CPL EMPLOYEES SAVINGS PLAN is -15.96%. This measures the effectiveness of the plan participants' investments in the year.
CPL EMPLOYEES SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of CPL EMPLOYEES SAVINGS PLAN is 0.22%.
Enrollment Features
CPL EMPLOYEES SAVINGS 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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