UNITED MERCHANT SERVICES, INC. 401(K) PLAN
Plan Contact
- Address: 255 ROUTE 17,HACKENSACK,NJ
- Contact person: MIJUNG LEE
- Phone: (201) 568-7600
Plan General Information
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2016, the total retirement plan assets of UNITED MERCHANT SERVICES, INC. 401(K) PLAN is $391,507.00.This plan was established in 2015.
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in UNITED MERCHANT SERVICES, INC. 401(K) PLAN is 124
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2016, the average participant retirement account value for UNITED MERCHANT SERVICES, INC. 401(K) PLAN is $3,157.00
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for UNITED MERCHANT SERVICES, INC. 401(K) PLAN is $2,314.00.
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in UNITED MERCHANT SERVICES, INC. 401(K) PLAN is approximately $282.00
Investing in this additonal $282.00 for 20 years would give you extra $18,079.00, assuming a 10% annual return.
Investing in this additonal $282.00 for 20 years would give you extra $18,079.00, assuming a 10% annual return.
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2016, UNITED MERCHANT SERVICES, INC. 401(K) PLAN allocates $35,029.00 to match its employees' contributions, providing an employer match rate of 24.41% of their contributions
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2016, the total retirement plan asset growth rate of UNITED MERCHANT SERVICES, INC. 401(K) PLAN is 79.47%.
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2016, the estimated aggregate retirement account investment gain/loss for UNITED MERCHANT SERVICES, INC. 401(K) PLAN is 7.38%. This measures the effectiveness of the plan participants' investments in the year.
UNITED MERCHANT SERVICES, INC. 401(K) PLAN Expense Ratio
In 2016, the investment and administrative expense ratio of UNITED MERCHANT SERVICES, INC. 401(K) PLAN is 0.22%.
Enrollment Features
UNITED MERCHANT SERVICES, INC. 401(K) PLAN 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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