FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST

  • Address: BUSEY HUMAN RESOURCES,,CHAMPAIGN,IL
  • Contact person: LISA DAVIS
  • Phone: (217) 351-8208

FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is $215,131,397.00.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is 2043

In 2022, the average participant retirement account value for FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is $105,301.00

In 2022, the estimated average employee contribution amount per participant for FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is $4,373.00

In 2022, the estimated average employer match for an employee in FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is approximately $3,460.00

In 2022, FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST allocates $7,069,514.00 to match its employees' contributions, providing an employer match rate of 81.33% of their contributions

In 2022, the total retirement plan asset growth rate of FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is -16.04%

In 2022, the estimated aggregate retirement account investment gain/loss for FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is -15.23%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of FIRST BUSEY CORPORATION PROFIT SHARING PLAN AND TRUST is 0.18%.

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