SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN

Plan Contact

  • Address: 3181 LARCHMONT AVENUE, N.E.,WARREN,OH
  • Contact person: JENNIFER TAYLOR
  • Phone: (330) 372-8108

Plan General Information

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is $8,705,945.00.This plan was established in 1998.

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is 204

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is $42,676.00

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is $4,262.00.

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is approximately $4,093.00
Investing in this additonal $4,093.00 for 20 years would give you extra $261,999.00, assuming a 10% annual return.

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Total Employer Contribution and Match Rate

In 2016, SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN allocates $835,123.00 to match its employees' contributions, providing an employer match rate of 192.06% of their contributions

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is 11.63%.

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is 4.14%. This measures the effectiveness of the plan participants' investments in the year.

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS PLAN is 0.08%.

Enrollment Features

SEVEN SEVENTEEN CREDIT UNION INC 401K SAVINGS 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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