CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 101 STATION LANDING,,MEDFORD,MA
  • Contact person: LEANNE GENT
  • Phone: (781) 539-6700

Plan General Information


At the end of 2022, the total retirement plan assets of CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is $67,815,590.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is 376

In 2022, the average participant retirement account value for CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is $180,360

In 2022, the estimated average employee contribution amount per participant for CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is $7,076

In 2022, the estimated average employer match for an employee in CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is approximately $1,919

In 2022, CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN allocates $721,714 to match its employees’ contributions, providing an employer match rate of 26.77% of their contributions

In 2022, the total retirement plan asset growth rate of CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is -26.42%

In 2022, the estimated aggregate retirement account investment gain/loss for CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is -21.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CAMBRIDGE SYSTEMATICS, INC. 401(K) PLAN is -0.02%.

Enrollment Features

CAMBRIDGE SYSTEMATICS, 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.
    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.