QdroDesk Have your QDRO instantly prepared online today.                  
Plan Search:
Start- Create Account Existing Account Login Customer Support
 
 

Home How it Works Why it Works Benefits & Features Pricing Types of QDROs Sample QDRO Agreement Language Plan Lookup (100,000+) Free Pension eBook Letter from President About Us Your Feedback

Find Your Plan

Search by: 
Keyword search:


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


VERY IMPORTANT! The information on this page is for people going through a divorce or attorneys helping their clients. Do not call QdroDesk for retirement account information unless it is in regards to a divorce. QdroDesk is a private company that only helps with the divorce process. It is not related or connected to the retirement account listed on this page. This page is provided for informational purposes only.


Plan Overview

THE RETIREMENT PLAN OF APPLE BANK FOR SAVINGS

Defined Benefit Cash Balance Plan
THE RETIREMENT PLAN OF APPLE BANK FOR SAVINGS is a Defined Benefit Cash Balance Plan which is essentially a blend between a traditional Defined Benefit and Defined Contribution plan because it has traits of both. Most cash balance plans are described and recognized as a Defined Benefit Plans because of the structure of individual accounts for each employee which are similar to 401(k) plans.

Under a cash balance plan the employee receives defined pension credits for each year of employment based on a set percentage of the employe's annual salary. For example if the employee's annual salary is $45,000.00, and the contribution rate is 5%, the annual contribution to the employee's cash balance plan would be $2,250.00. Along with this annual contribution the employee's plan will also gain interest value. The interest value is a set percentage and does not change, therefore, the employee has no control over how the funds in the plan are invested.

This type of plan often results in increased company profits and lower employee pensions.

Plan & Company Information:
CompanyAPPLE BANK FOR SAVINGS
C/O SUSAN GORO
122 E 42nd St
Fl 9
New York, NY 10168-0006
212-224-6400
Plan NameTHE RETIREMENT PLAN OF APPLE BANK FOR SAVINGS
Plan Type Plan Type
Defined Benefit Cash Balance Plan
(Expanded Definition and Explanation)
Plan Administrator
122 E 42nd St
New York, NY 10168-0002
212-224-6421
   
  QdroDesk
Start Here Create an Account and Draft a QDRO for This Plan.
Total cost is only $299.00

Existing Customer? Log in Here.

 
   
ATTENTION: This plan search database does NOT represent the only plans for which we draft QDROs. This database if for informational and research purposes. We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk™.
BBB Accredited Business
Be QDRO Smart. Be QDRO Savvy. Be QDRO Safe. ℠
BBB Online Reliability

Contact Us | Terms & Refund Policy | Privacy | Security | Partnerships | Divorce Info | Testimonials