My University’s Contribution

University Contributions

I have traveled to universities across the United States each with different contribution amounts. I have found college and university contributions can vary widely. The information below provides the contributions of several randomly selected public and private colleges and universities.  You will see the organization, followed by the employee contribution, and last the employer contribution.

 

Brown University    2.00% – 8.00%
Chadron State College    6.00% – 8.00%
Coker College    7.50% – 7.50%
Colorado State University    8.00% – 9.00%
Grand Valley State University    0.00% – 12.00%
University of Colorado    5.00% – 10.00%
University of Denver    4.00% – 8.00%
University of Wyoming    0.00% – 11.25%
Vanderbilt University    5.00% – 5.00%
Western Michigan University    0.00% – 11.00%

Please note, retirement plans can vary for each university.  For example, Colorado State University does not participate with Social Security.  In addition, some plans may be voluntary while others are mandatory.  However, this should provide a benchmark to compare your university’s contribution.  All contributions were provided by the university’s benefits department or website.  Please check with each university to check the accuracy of each contribution amount listed.  This information was updated as of 2010.

Tags: , , , , ,

Kevin McNab

This article is written by Kevin J. McNab. Kevin is President of ACE Wealth Partners, LLC and is a CFP®, ChFC®, and CRPC®. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. The views expressed in this blog post are as of the date of the posting, and are subject to change based on market and other conditions. This blog contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Please note that nothing in this blog post should be construed as an offer to sell or the solicitation of an offer to purchase an interest in any security or separate account. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants, or attorneys regarding your individual circumstances and needs. No advice may be rendered by ACE Wealth Partners, LLC unless a client service agreement is in place. If you have any questions regarding this Blog Post, please Contact Us. Please read our website DISCLOSURE carefully for additional information.