GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN

At the end of 2022, the total retirement plan assets of GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is $8,596,968.This plan was established in 1973.

At the end of 2022, the total number of retirement plan participants in GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is 162

In 2022, the average participant retirement account value for GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is $53,067

In 2022, the estimated average employee contribution amount per participant for GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is $2,128

In 2022, the estimated average employer match for an employee in GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is approximately $1,413

In 2022, GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN allocates $228,997 to match its employees’ contributions, providing an employer match rate of 74.47% of their contributions

In 2022, the total retirement plan asset growth rate of GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is -11.26%

In 2022, the estimated aggregate retirement account investment gain/loss for GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is -12.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GALLAGHER CORPORATION EMPLOYEE’S 401(K) PLAN is 0.05%.

Enrollment Features

GALLAGHER CORPORATION EMPLOYEE’S 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.