GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN

Plan Contact

  • Address: ONE TOWNE SQUARE,,SOUTHFIELD,MI
  • Contact person: CHRISTINE L. SCHEER
  • Phone: (248) 799-9000

Plan General Information

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is $69,526,180.00.This plan was established in 1985.

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is 168

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is $413,846.00

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is $12,332.00.

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is approximately $2,578.00
Investing in this additonal $2,578.00 for 20 years would give you extra $164,997.00, assuming a 10% annual return.

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Total Employer Contribution and Match Rate

In 2023, GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN allocates $433,119.00 to match its employees' contributions, providing an employer match rate of 20.66% of their contributions

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is 15.04%.

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is 20.80%. This measures the effectiveness of the plan participants' investments in the year.

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT PLAN is 0.07%.

Enrollment Features

GABRIEL, ROEDER, SMITH & COMPANY HOLDINGS, INC. SAVINGS AND THRIFT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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