CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN
Plan Contact
- Address: 10088 SOUTH 136TH STREET,OMAHA,NE
- Contact person: SANDIE HITE
- Phone: (402) 551-7678
Plan General Information
CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN is 535
CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN is $3,009.00.
CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN is approximately $1,418.00
Investing in this additonal $1,418.00 for 20 years would give you extra $90,784.00, assuming a 10% annual return.
Investing in this additonal $1,418.00 for 20 years would give you extra $90,784.00, assuming a 10% annual return.
CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN Total Employer Contribution and Match Rate
In 2016, CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION PLAN allocates $758,905.00 to match its employees' contributions, providing an employer match rate of 94.28% of their contributions
Enrollment Features
CUMMINS CENTRAL POWER PROFIT SHARING AND REDISTRIBUTION 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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