GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN

Overview

Plan Contact

  • Address: 777 CHICAGO ROAD,TROY,MI
  • Contact person: KENNETH KRAUSE
  • Phone: (313) 368-3100

Plan General Information


At the end of 2022, the total retirement plan assets of GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is $31,660,462.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is 244

In 2022, the average participant retirement account value for GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is $129,755

In 2022, the estimated average employee contribution amount per participant for GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is $13,540

In 2022, the estimated average employer match for an employee in GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is approximately $4,762

In 2022, GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN allocates $1,161,967 to match its employees’ contributions, providing an employer match rate of 38.48% of their contributions

In 2022, the total retirement plan asset growth rate of GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is -10.05%

In 2022, the estimated aggregate retirement account investment gain/loss for GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is -18.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS PLAN is 0.15%.

Enrollment Features

GALLAGHER-KAISER CORPORATION TAX DEFERRED SAVINGS 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.