BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST
Plan Contact
- Address: 6911 S YOSEMITE ST,CENTENNIAL,CO
- Contact person: KRISTI BILLSTONE
- Phone: (720) 274-2644
Plan General Information
BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST is 698
BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST is $4,862.00.
BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST is approximately $566.00
Investing in this additonal $566.00 for 20 years would give you extra $36,225.00, assuming a 10% annual return.
Investing in this additonal $566.00 for 20 years would give you extra $36,225.00, assuming a 10% annual return.
BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST Total Employer Contribution and Match Rate
In 2017, BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST allocates $395,086.00 to match its employees' contributions, providing an employer match rate of 23.28% of their contributions
Enrollment Features
BRAKES PLUS, INC. EMPLOYEES SAVINGS TRUST 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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