CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV
Plan Contact
- Address: 21810 CLESSIE COURT,NEW HUDSON,MI
- Contact person: ROBERT WERTZ
- Phone: (248) 573-1575
Plan General Information
CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV is 862
CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV is $7,474.00.
CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV is approximately $1,113.00
Investing in this additonal $1,113.00 for 20 years would give you extra $71,273.00, assuming a 10% annual return.
Investing in this additonal $1,113.00 for 20 years would give you extra $71,273.00, assuming a 10% annual return.
CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV Total Employer Contribution and Match Rate
In 2016, CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV allocates $959,969.00 to match its employees' contributions, providing an employer match rate of 29.80% of their contributions
Enrollment Features
CUMMINS BRIDGEWAY, LLC EMPLOYEES' RETIREMENT & SAV 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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