ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN
Overview
Plan Contact
- Address: 2850 GOLF ROAD, 8TH FLOOR,ROLLING MEADOWS,IL
- Phone: (630) 773-3800
Plan General Information
At the end of 2022, the total retirement plan assets of ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is $2,780,042,149.This plan was established in 1966.
At the end of 2022, the total number of retirement plan participants in ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is 23012
In 2022, the average participant retirement account value for ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is $120,808
In 2022, the estimated average employee contribution amount per participant for ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is $8,878
In 2022, the estimated average employer match for an employee in ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is approximately $3,208
In 2022, ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN allocates $73,823,857 to match its employees’ contributions, providing an employer match rate of 38.08% of their contributions
In 2022, the total retirement plan asset growth rate of ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is -11.17%
In 2022, the estimated aggregate retirement account investment gain/loss for ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is -12.64%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT PLAN is 0.04%.
Enrollment Features
ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS & THRIFT 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.