DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN
Plan Contact
- Address: 10801 DECATUR ROAD,PHILADELPHIA,PA
- Contact person: DIANE FRANZONI
- Phone: (215) 632-3100
Plan General Information
DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN is 180
DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN is $10,074.00.
DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN is approximately $831.00
Investing in this additonal $831.00 for 20 years would give you extra $53,236.00, assuming a 10% annual return.
Investing in this additonal $831.00 for 20 years would give you extra $53,236.00, assuming a 10% annual return.
DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN Total Employer Contribution and Match Rate
In 2017, DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING PLAN allocates $149,728.00 to match its employees' contributions, providing an employer match rate of 16.51% of their contributions
Enrollment Features
DAVID MICHAEL & CO., INCORPORATED PROFIT-SHARING 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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