FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT

Plan Contact

  • Address: POST BOX 1000,FERRUM,VA
  • Contact person: CHRIS CHANDLER
  • Phone: (540) 365-4596

Plan General Information

FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT is 780

FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT is $894.00.

FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT is approximately $516.00
Investing in this additonal $516.00 for 20 years would give you extra $33,056.00, assuming a 10% annual return.

FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT Total Employer Contribution and Match Rate

In 2018, FERRUM COLLEGE DEFINED CONTRIBUTION RETIREMENT allocates $402,881.00 to match its employees' contributions, providing an employer match rate of 115.53% of their contributions

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