CMP EMPLOYEE SAVINGS PLAN
Plan Contact
- Address: 1470 SENTINEL DRIVE,ANNISTON,AL
- Contact person: GINA JOHNSON
- Phone: (256) 835-8455
Plan General Information
CMP EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CMP EMPLOYEE SAVINGS PLAN is $7,197,842.00.This plan was established in 1998.
CMP EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CMP EMPLOYEE SAVINGS PLAN is 166
CMP EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CMP EMPLOYEE SAVINGS PLAN is $43,360.00
CMP EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CMP EMPLOYEE SAVINGS PLAN is $2,814.00.
CMP EMPLOYEE SAVINGS PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CMP EMPLOYEE SAVINGS PLAN is approximately $1,540.00
Investing in this additonal $1,540.00 for 20 years would give you extra $98,600.00, assuming a 10% annual return.
Investing in this additonal $1,540.00 for 20 years would give you extra $98,600.00, assuming a 10% annual return.
CMP EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate
In 2022, CMP EMPLOYEE SAVINGS PLAN allocates $255,745.00 to match its employees' contributions, providing an employer match rate of 55.42% of their contributions
CMP EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CMP EMPLOYEE SAVINGS PLAN is -8.04%.
CMP EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CMP EMPLOYEE SAVINGS PLAN is -11.93%. This measures the effectiveness of the plan participants' investments in the year.
CMP EMPLOYEE SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of CMP EMPLOYEE SAVINGS PLAN is 0.56%.
Enrollment Features
CMP EMPLOYEE SAVINGS 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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