FALCONSTOR SOFTWARE, INC. 401(K) PLAN

Plan Contact

  • Address: 2 HUNTINGTON QUADRANGLE SUITE 1S20,MELVILLE,NY
  • Contact person: RENNISE ADRION
  • Phone: (631) 962-1152

Plan General Information

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of FALCONSTOR SOFTWARE, INC. 401(K) PLAN is $7,699,421.00.This plan was established in 2001.

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in FALCONSTOR SOFTWARE, INC. 401(K) PLAN is 126

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for FALCONSTOR SOFTWARE, INC. 401(K) PLAN is $61,106.00

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for FALCONSTOR SOFTWARE, INC. 401(K) PLAN is $6,630.00.

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of FALCONSTOR SOFTWARE, INC. 401(K) PLAN is -8.02%.

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for FALCONSTOR SOFTWARE, INC. 401(K) PLAN is 18.37%. This measures the effectiveness of the plan participants' investments in the year.

FALCONSTOR SOFTWARE, INC. 401(K) PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of FALCONSTOR SOFTWARE, INC. 401(K) PLAN is 0.52%.

Enrollment Features

FALCONSTOR SOFTWARE, INC. 401(K) 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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