BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST

Plan Contact

  • Contact person: BETH BERRY
  • Phone: (574) 294-6553

Plan General Information

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is $2,411,157.00.This plan was established in 1982.

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is 134

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Average Participant Retirement Account Value

In 2003, the average participant retirement account value for BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is $17,993.00

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is $3,171.00.

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is approximately $1,152.00
Investing in this additonal $1,152.00 for 20 years would give you extra $73,758.00, assuming a 10% annual return.

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Total Employer Contribution and Match Rate

In 2003, BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST allocates $154,431.00 to match its employees' contributions, providing an employer match rate of 72.68% of their contributions

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is 39.80%.

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is 20.54%. This measures the effectiveness of the plan participants' investments in the year.

BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST Expense Ratio

In 2003, the investment and administrative expense ratio of BAYER FEDERAL CREDIT UNION 401K SALARY RED. PLAN & TRUST is 0.11%.

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