DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER
Plan Contact
- Address: 60 ACADEMY ROAD,ALBANY,NY
- Contact person: RICH MARINI
- Phone: (518) 426-2600
Plan General Information
DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER is 821
DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER is $1,396.00.
DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER is approximately $863.00
Investing in this additonal $863.00 for 20 years would give you extra $55,246.00, assuming a 10% annual return.
Investing in this additonal $863.00 for 20 years would give you extra $55,246.00, assuming a 10% annual return.
DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER Total Employer Contribution and Match Rate
In 2016, DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER allocates $708,715.00 to match its employees' contributions, providing an employer match rate of 123.62% of their contributions
Enrollment Features
DEFINED CONTRIBUTION SAVINGS PLAN FOR EMPLOYEES OF PARSONS CHILD AND FAMILY CENTER 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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