CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 60 MARSH HILL ROAD,ORANGE,CT
  • Contact person: STEVEN P. FAVUZZA
  • Phone: (203) 499-3748

Plan General Information

CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2013, the total number of retirement plan participants in CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN is 147

CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN is $5,818.00.

CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2013, the estimated average employer match for an employee in CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN is approximately $1,131.00
Investing in this additonal $1,131.00 for 20 years would give you extra $72,407.00, assuming a 10% annual return.

CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2013, CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN allocates $166,311.00 to match its employees' contributions, providing an employer match rate of 38.89% of their contributions

Enrollment Features

CONNECTICUT NATURAL GAS CORPORATION EMPLOYEE SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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