WALDEN SAVINGS BANK
Plan Contact
- Address: 15 SCOTTS CORNERS DRIVE,MONTGOMERY,NY
- Contact person: PAMELA SPIELER
- Phone: (845) 457-7700
Plan General Information
WALDEN SAVINGS BANK Total Retirement Plan Assets
At the end of 2018, the total retirement plan assets of WALDEN SAVINGS BANK is $7,064,557.00.This plan was established in 1992.
WALDEN SAVINGS BANK Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in WALDEN SAVINGS BANK is 162
WALDEN SAVINGS BANK Average Participant Retirement Account Value
In 2018, the average participant retirement account value for WALDEN SAVINGS BANK is $43,608.00
WALDEN SAVINGS BANK Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for WALDEN SAVINGS BANK is $5,782.00.
WALDEN SAVINGS BANK Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in WALDEN SAVINGS BANK is approximately $969.00
Investing in this additonal $969.00 for 20 years would give you extra $62,076.00, assuming a 10% annual return.
Investing in this additonal $969.00 for 20 years would give you extra $62,076.00, assuming a 10% annual return.
WALDEN SAVINGS BANK Total Employer Contribution and Match Rate
In 2018, WALDEN SAVINGS BANK allocates $157,130.00 to match its employees' contributions, providing an employer match rate of 33.55% of their contributions
WALDEN SAVINGS BANK Total Retirement Plan Asset Growth Rate
In 2018, the total retirement plan asset growth rate of WALDEN SAVINGS BANK is 0.79%.
WALDEN SAVINGS BANK Estimated Aggregate Retirement Account Investment Gain/Loss
In 2018, the estimated aggregate retirement account investment gain/loss for WALDEN SAVINGS BANK is -4.57%. This measures the effectiveness of the plan participants' investments in the year.
WALDEN SAVINGS BANK Expense Ratio
In 2018, the investment and administrative expense ratio of WALDEN SAVINGS BANK is 0.18%.
Enrollment Features
WALDEN SAVINGS BANK 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.
Recent Articles
- The Hidden Benefit of Emergency Savings Accounts: It’s a ‘Regular’ Savings Account with Free Employer Match
- February 2025 MyPlanIQ Portfolio Update
- Maximizing Your Savings & Investments: The Power of 1% Over Time
- Key Retirement Ages: Essential Milestones for 401(k), IRA, Solo 401(k), SEP IRA, Social Security & Medicare
- Dividend Income Investments: Benefits and Pitfalls
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …