ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN

Plan Contact

  • Address: 614 W. SUPERIOR STREET,ALMA,MI
  • Phone: (989) 463-7317

Plan General Information

ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is 817

ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is $1,256.00.

ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $620.00
Investing in this additonal $620.00 for 20 years would give you extra $39,738.00, assuming a 10% annual return.

ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2019, ALMA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN allocates $507,284.00 to match its employees' contributions, providing an employer match rate of 98.84% of their contributions

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