THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB
Plan Contact
- Address: 5790 WIDEWATERS PARKWAY,DEWITT,NY
- Contact person: JESSICA ALBANESE
- Phone: (315) 445-7334
Plan General Information
THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB is 150
THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB is $2,526.00.
THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB is approximately $1,100.00
Investing in this additonal $1,100.00 for 20 years would give you extra $70,461.00, assuming a 10% annual return.
Investing in this additonal $1,100.00 for 20 years would give you extra $70,461.00, assuming a 10% annual return.
THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB Total Employer Contribution and Match Rate
In 2022, THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB allocates $165,144.00 to match its employees' contributions, providing an employer match rate of 43.88% of their contributions
Enrollment Features
THE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN OF THE ELMIRA SAVINGS BANK, FSB 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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