CINGULAR WIRELESS 401K SAVINGS PLAN
Plan Contact
- Contact person: JOHN J. STEPHENS, SR.VP/CONTROLLER
- Phone: (210) 351-3333
Plan General Information
CINGULAR WIRELESS 401K SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in CINGULAR WIRELESS 401K SAVINGS PLAN is 152978
CINGULAR WIRELESS 401K SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for CINGULAR WIRELESS 401K SAVINGS PLAN is $2,277.00.
CINGULAR WIRELESS 401K SAVINGS PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in CINGULAR WIRELESS 401K SAVINGS PLAN is approximately $588.00
Investing in this additonal $588.00 for 20 years would give you extra $37,695.00, assuming a 10% annual return.
Investing in this additonal $588.00 for 20 years would give you extra $37,695.00, assuming a 10% annual return.
CINGULAR WIRELESS 401K SAVINGS PLAN Total Employer Contribution and Match Rate
In 2008, CINGULAR WIRELESS 401K SAVINGS PLAN allocates $90,104,000.00 to match its employees' contributions, providing an employer match rate of 51.73% of their contributions
Enrollment Features
CINGULAR WIRELESS 401K SAVINGS PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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