DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN.
Plan Contact
- Address: 30 HUDSON YARDS, 81ST FL,NEW YORK,NY
- Contact person: JOELLEN HORNIG
- Phone: (212) 681-3800
Plan General Information
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is $91,737,547.00.This plan was established in 1989.
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is 216
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Average Participant Retirement Account Value
In 2023, the average participant retirement account value for DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is $424,710.00
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is $14,803.00.
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is approximately $11,256.00
Investing in this additonal $11,256.00 for 20 years would give you extra $720,435.00, assuming a 10% annual return.
Investing in this additonal $11,256.00 for 20 years would give you extra $720,435.00, assuming a 10% annual return.
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Total Employer Contribution and Match Rate
In 2023, DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. allocates $2,431,470.00 to match its employees' contributions, providing an employer match rate of 77.66% of their contributions
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is 19.85%.
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is 24.74%. This measures the effectiveness of the plan participants' investments in the year.
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. Expense Ratio
In 2023, the investment and administrative expense ratio of DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT PLAN. is -0.09%.
Enrollment Features
DNB BANK ASA, NEW YORK BRANCH SAVINGS INVESTMENT 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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