CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 50 FOUNTAIN PLAZA,,BUFFALO,NY
  • Contact person: MATTHEW CALDIERO
  • Phone: (716) 631-8000

Plan General Information


At the end of 2022, the total retirement plan assets of CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is $14,848,974.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is 222

In 2022, the average participant retirement account value for CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is $66,887

In 2022, the estimated average employee contribution amount per participant for CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is $5,315

In 2022, the estimated average employer match for an employee in CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is approximately $537

In 2022, CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN allocates $119,432 to match its employees’ contributions, providing an employer match rate of 10.31% of their contributions

In 2022, the total retirement plan asset growth rate of CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is -16.46%

In 2022, the estimated aggregate retirement account investment gain/loss for CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is -19.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CIMINELLI REAL ESTATE CORPORATION 401(K) PLAN is 0.04%.

Enrollment Features

CIMINELLI REAL ESTATE CORPORATION 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.