DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN
Overview
Plan Contact
- Address: 1 VANDERBILT AVENUE, 49TH FLOOR,NEW YORK,NY
- Contact person: LINDA BORRA
- Phone: (212) 745-1419
Plan General Information
At the end of 2022, the total retirement plan assets of DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is $62,349,111.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is 142
In 2022, the average participant retirement account value for DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is $439,078
In 2022, the estimated average employee contribution amount per participant for DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is $9,177
In 2022, the estimated average employer match for an employee in DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is approximately $4,216
In 2022, DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN allocates $598,703 to match its employees’ contributions, providing an employer match rate of 45.78% of their contributions
In 2022, the total retirement plan asset growth rate of DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is -18.97%
In 2022, the estimated aggregate retirement account investment gain/loss for DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is -16.84%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN is 0.11%.
Enrollment Features
DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT 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.