GAMA AVIATION ENGINEERING, INC. 401(K) PLAN

Plan Contact

  • Address: 1451 W CYPRESS CREEK ROAD,,FT. LAUDERDALE,FL
  • Contact person: DARLENE COLLINS
  • Phone: (561) 888-4943

Plan General Information

GAMA AVIATION ENGINEERING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in GAMA AVIATION ENGINEERING, INC. 401(K) PLAN is 243

GAMA AVIATION ENGINEERING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for GAMA AVIATION ENGINEERING, INC. 401(K) PLAN is $4,152.00.

GAMA AVIATION ENGINEERING, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in GAMA AVIATION ENGINEERING, INC. 401(K) PLAN is approximately $1,431.00
Investing in this additonal $1,431.00 for 20 years would give you extra $91,594.00, assuming a 10% annual return.

GAMA AVIATION ENGINEERING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, GAMA AVIATION ENGINEERING, INC. 401(K) PLAN allocates $347,771.00 to match its employees' contributions, providing an employer match rate of 34.47% of their contributions

Enrollment Features

GAMA AVIATION ENGINEERING, INC. 401(K) 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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