FREEDOM FORD, INC. 401(K) PLAN

Plan Contact

  • Address: 1800 GREENBRIER PKWY,CHESAPEAKE,VA
  • Contact person: ALAN B SVEDLOW
  • Phone: (757) 413-5562

Plan General Information

FREEDOM FORD, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in FREEDOM FORD, INC. 401(K) PLAN is 229

FREEDOM FORD, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for FREEDOM FORD, INC. 401(K) PLAN is $822.00.

FREEDOM FORD, INC. 401(K) PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in FREEDOM FORD, INC. 401(K) PLAN is approximately $53.00
Investing in this additonal $53.00 for 20 years would give you extra $3,455.00, assuming a 10% annual return.

FREEDOM FORD, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2015, FREEDOM FORD, INC. 401(K) PLAN allocates $12,363.00 to match its employees' contributions, providing an employer match rate of 13.13% of their contributions

Enrollment Features

FREEDOM FORD, 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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