GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P

Plan Contact

  • Address: 237 SCHERMERHORN STREET,BROOKLYN,NY
  • Contact person: RACHEL WILEN
  • Phone: (212) 596-5626

Plan General Information

GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P is 154

GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P is $1,170.00.

GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P is approximately $81.00
Investing in this additonal $81.00 for 20 years would give you extra $5,231.00, assuming a 10% annual return.

GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P Total Employer Contribution and Match Rate

In 2012, GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P allocates $12,588.00 to match its employees' contributions, providing an employer match rate of 13.97% of their contributions

Enrollment Features

GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P 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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