GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 6350 MAIN ST,WILLIAMSVILLE,NY
  • Contact person: ROBERT MCNULTY
  • Phone: (716) 783-3100

Plan General Information

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is $8,793,408.00.This plan was established in 2009.

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is 558

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is $15,758.00

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is $1,500.00.

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is approximately $629.00
Investing in this additonal $629.00 for 20 years would give you extra $40,272.00, assuming a 10% annual return.

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN allocates $351,126.00 to match its employees' contributions, providing an employer match rate of 43.68% of their contributions

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is 16.09%.

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is 18.90%. This measures the effectiveness of the plan participants' investments in the year.

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN is 0.87%.

Enrollment Features

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS 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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