COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT

Plan Contact

  • Address: 13 OAK DRIVE,HAMILTON,NY
  • Contact person: KYLE DOMBROWSKI
  • Phone: (315) 228-1000

Plan General Information

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is $521,504,162.00.This plan was established in 1924.

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is 2680

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is $194,591.00

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is $2,925.00.

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is approximately $3,391.00
Investing in this additonal $3,391.00 for 20 years would give you extra $217,063.00, assuming a 10% annual return.

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Total Employer Contribution and Match Rate

In 2023, COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT allocates $9,089,546.00 to match its employees' contributions, providing an employer match rate of 118.96% of their contributions

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is 10.47%.

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is 14.23%. This measures the effectiveness of the plan participants' investments in the year.

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT Expense Ratio

In 2023, the investment and administrative expense ratio of COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT is 0.03%.

Enrollment Features

COLGATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT 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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