SHELTERED SAVINGS PLAN OF BANK LEUMI USA

Plan Contact

  • Address: 579 FIFTH AVENUE,,NEW YORK,NY
  • Contact person: YVONNE SUROWIEC
  • Phone: (917) 542-2344

Plan General Information

SHELTERED SAVINGS PLAN OF BANK LEUMI USA Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in SHELTERED SAVINGS PLAN OF BANK LEUMI USA is 790

SHELTERED SAVINGS PLAN OF BANK LEUMI USA Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SHELTERED SAVINGS PLAN OF BANK LEUMI USA is $7,640.00.

SHELTERED SAVINGS PLAN OF BANK LEUMI USA Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in SHELTERED SAVINGS PLAN OF BANK LEUMI USA is approximately $3,656.00
Investing in this additonal $3,656.00 for 20 years would give you extra $233,993.00, assuming a 10% annual return.

SHELTERED SAVINGS PLAN OF BANK LEUMI USA Total Employer Contribution and Match Rate

In 2022, SHELTERED SAVINGS PLAN OF BANK LEUMI USA allocates $2,888,356.00 to match its employees' contributions, providing an employer match rate of 48.13% of their contributions

Enrollment Features

SHELTERED SAVINGS PLAN OF BANK LEUMI USA 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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