ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN
Plan Contact
- Address: 180 MARSH HILL ROAD,ORANGE,CT
- Contact person: PAUL VISCONTI
- Phone: (203) 499-3179
Plan General Information
ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN is 400
ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN is $7,597.00.
ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN is approximately $3,040.00
Investing in this additonal $3,040.00 for 20 years would give you extra $194,585.00, assuming a 10% annual return.
Investing in this additonal $3,040.00 for 20 years would give you extra $194,585.00, assuming a 10% annual return.
ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN Total Employer Contribution and Match Rate
In 2021, ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN allocates $1,216,159.00 to match its employees' contributions, providing an employer match rate of 40.02% of their contributions
Enrollment Features
ROCHESTER GAS & ELECTRIC CORPORATION 401(K) UNION PLAN 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.
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