GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN

Plan Contact

  • Address: P.O. BOX 7858,MADISON,WI
  • Contact person: HOPE MERRY
  • Phone: (608) 246-1800

Plan General Information

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is $115,767,931.00.This plan was established in 2002.

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is 2416

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is $47,917.00

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is $5,349.00.

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is approximately $1,380.00
Investing in this additonal $1,380.00 for 20 years would give you extra $88,353.00, assuming a 10% annual return.

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2017, GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN allocates $3,335,338.00 to match its employees' contributions, providing an employer match rate of 51.62% of their contributions

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is 24.39%.

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is 18.69%. This measures the effectiveness of the plan participants' investments in the year.

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN is 0.00%.

Enrollment Features

GREAT LAKES EDUCATIONAL LOAN SERVICES, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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