GEC PENSION PROGRAM

Plan Contact

  • Address: 46 VIOLET AVENUE,POUGHKEEPSIE,NY
  • Contact person: STEPHEN PERRETTA
  • Phone: (845) 454-7420

Plan General Information

GEC PENSION PROGRAM Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of GEC PENSION PROGRAM is $10,235,407.00.This plan was established in 1973.

GEC PENSION PROGRAM Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in GEC PENSION PROGRAM is 113

GEC PENSION PROGRAM Average Participant Retirement Account Value

In 2009, the average participant retirement account value for GEC PENSION PROGRAM is $90,578.00

GEC PENSION PROGRAM Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for GEC PENSION PROGRAM is $4,037.00.

GEC PENSION PROGRAM Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in GEC PENSION PROGRAM is approximately $385.00
Investing in this additonal $385.00 for 20 years would give you extra $24,667.00, assuming a 10% annual return.

GEC PENSION PROGRAM Total Employer Contribution and Match Rate

In 2009, GEC PENSION PROGRAM allocates $43,553.00 to match its employees' contributions, providing an employer match rate of 19.09% of their contributions

GEC PENSION PROGRAM Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of GEC PENSION PROGRAM is 25.16%.

GEC PENSION PROGRAM Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for GEC PENSION PROGRAM is 25.14%. This measures the effectiveness of the plan participants' investments in the year.

GEC PENSION PROGRAM Expense Ratio

In 2009, the investment and administrative expense ratio of GEC PENSION PROGRAM is 0.24%.

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