BENNETT COLLEGE DEFINED CONTRIBUTION PLAN

Plan Contact

  • Address: 900 E WASHINGTON ST,GREENSBORO,NC
  • Phone: (336) 517-2100

Plan General Information

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is $9,811,148.00.This plan was established in 1945.

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is 219

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is $44,799.00

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is $1,006.00.

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is approximately $90.00
Investing in this additonal $90.00 for 20 years would give you extra $5,794.00, assuming a 10% annual return.

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Total Employer Contribution and Match Rate

In 2020, BENNETT COLLEGE DEFINED CONTRIBUTION PLAN allocates $19,828.00 to match its employees' contributions, providing an employer match rate of 17.99% of their contributions

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is -8.88%.

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is 12.04%. This measures the effectiveness of the plan participants' investments in the year.

BENNETT COLLEGE DEFINED CONTRIBUTION PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of BENNETT COLLEGE DEFINED CONTRIBUTION PLAN is 0.02%.

Enrollment Features

BENNETT COLLEGE DEFINED CONTRIBUTION 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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