ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES
Plan Contact
- Address: 1133 WESTCHESTER AVENUE,WHITE PLAINS,NY
- Contact person: NANNETTE ORTIZ
- Phone: (914) 641-2000
Plan General Information
ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES is 267
ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES is $3,358.00.
ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $226.00
Investing in this additonal $226.00 for 20 years would give you extra $14,516.00, assuming a 10% annual return.
Investing in this additonal $226.00 for 20 years would give you extra $14,516.00, assuming a 10% annual return.
ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate
In 2013, ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $60,559.00 to match its employees' contributions, providing an employer match rate of 13.51% of their contributions
Enrollment Features
ITT CANNON SAVINGS PLAN FOR HOURLY EMPLOYEES 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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