BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN

Plan Contact

  • Address: 4600 EAST WEST HWY STE 400,BETHESDA,MD
  • Contact person: CATHY COUGHLIN
  • Phone: (301) 951-8222

Plan General Information

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is $13,539,802.00.This plan was established in 1976.

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is 354

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is $38,248.00

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is approximately $2,116.00
Investing in this additonal $2,116.00 for 20 years would give you extra $135,453.00, assuming a 10% annual return.

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is 8.16%.

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is 17.81%. This measures the effectiveness of the plan participants' investments in the year.

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT PLAN is 0.02%.

Enrollment Features

BANKERS FINANCE CAPITAL CORP. EMPLOYEE RETIREMENT 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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