EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 223 WEST JACKSON BOULEVARD,,CHICAGO,IL
  • Contact person: LAWRENCE FITZPATRICK
  • Phone: (312) 629-5627

Plan General Information

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is $6,796,328.00.This plan was established in 1989.

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is 133

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is $51,100.00

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is $2,257.00.

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is approximately $656.00
Investing in this additonal $656.00 for 20 years would give you extra $42,039.00, assuming a 10% annual return.

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN allocates $87,364.00 to match its employees' contributions, providing an employer match rate of 25.46% of their contributions

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is 7.37%.

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is 13.30%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN is 1.19%.

Enrollment Features

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT 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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