CENTRAL BANK 401(K) PLAN
Plan Contact
- Address: 11201 CLAY ROAD,HOUSTON,TX
- Contact person: SHELBY JOHN
- Phone: (832) 485-2300
Plan General Information
CENTRAL BANK 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in CENTRAL BANK 401(K) PLAN is 162
CENTRAL BANK 401(K) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for CENTRAL BANK 401(K) PLAN is $14,597.00.
CENTRAL BANK 401(K) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in CENTRAL BANK 401(K) PLAN is approximately $2,972.00
Investing in this additonal $2,972.00 for 20 years would give you extra $190,258.00, assuming a 10% annual return.
Investing in this additonal $2,972.00 for 20 years would give you extra $190,258.00, assuming a 10% annual return.
CENTRAL BANK 401(K) PLAN Total Employer Contribution and Match Rate
In 2019, CENTRAL BANK 401(K) PLAN allocates $481,591.00 to match its employees' contributions, providing an employer match rate of 40.73% of their contributions
Enrollment Features
CENTRAL BANK 401(K) PLAN 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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