CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT
Plan Contact
- Address: 113 ELM STREET,,ENFIELD,CT
- Contact person: JOSEPH IANELLO
- Phone: (860) 246-2571
Plan General Information
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is $62,839,611.00.This plan was established in 1979.
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is 503
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is $124,929.00
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is $3,152.00.
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is approximately $1,729.00
Investing in this additonal $1,729.00 for 20 years would give you extra $110,711.00, assuming a 10% annual return.
Investing in this additonal $1,729.00 for 20 years would give you extra $110,711.00, assuming a 10% annual return.
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Total Employer Contribution and Match Rate
In 2023, CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT allocates $870,127.00 to match its employees' contributions, providing an employer match rate of 61.96% of their contributions
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is -13.70%.
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is 16.63%. This measures the effectiveness of the plan participants' investments in the year.
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT Expense Ratio
In 2023, the investment and administrative expense ratio of CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT is 0.24%.
Enrollment Features
CONNECTICUT GI 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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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