GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK

Plan Contact

  • Address: ONE WARD PARKWAY,KANSAS CITY,MO
  • Contact person: EVA YOURTEE
  • Phone: (816) 751-9344

Plan General Information

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is $63,187,906.00.This plan was established in 1973.

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is 445

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Average Participant Retirement Account Value

In 2020, the average participant retirement account value for GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is $141,995.00

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is $13,142.00.

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is approximately $2,549.00
Investing in this additonal $2,549.00 for 20 years would give you extra $163,151.00, assuming a 10% annual return.

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Total Employer Contribution and Match Rate

In 2020, GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK allocates $1,134,412.00 to match its employees' contributions, providing an employer match rate of 38.79% of their contributions

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is 20.39%.

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is 17.14%. This measures the effectiveness of the plan participants' investments in the year.

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK Expense Ratio

In 2020, the investment and administrative expense ratio of GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK is 0.19%.

Enrollment Features

GROUP RETIREMENT PLAN FOR COUNTRY CLUB BANK has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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