DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION
Plan Contact
- Contact person: CATHY A GRANTHAM
- Phone: (202) 274-8000
Plan General Information
DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION is 119
DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION is $4,781.00.
DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION is approximately $1,133.00
Investing in this additonal $1,133.00 for 20 years would give you extra $72,570.00, assuming a 10% annual return.
Investing in this additonal $1,133.00 for 20 years would give you extra $72,570.00, assuming a 10% annual return.
DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION Total Employer Contribution and Match Rate
In 2007, DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION allocates $134,936.00 to match its employees' contributions, providing an employer match rate of 47.43% of their contributions
Enrollment Features
DEFINED CONTRIBUTION PLAN FOR EMPLOYEES OF FANNIE MAE FOUNDATION has the following features: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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