CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 707 17TH STREET,,DENVER,CO
  • Contact person: DANA ROSEBROOK
  • Phone: (303) 643-3521

Plan General Information

CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN is 167

CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN is $632.00.

CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN is approximately $169.00
Investing in this additonal $169.00 for 20 years would give you extra $10,853.00, assuming a 10% annual return.

CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2016, CIC BANCSHARES, INC. 401(K) PROFIT SHARING PLAN allocates $28,320.00 to match its employees' contributions, providing an employer match rate of 53.59% of their contributions

Enrollment Features

CIC BANCSHARES, INC. 401(K) PROFIT SHARING 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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