BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY

Plan Contact

  • Contact person: BING-LEAR MANUFACTURING GROUP LLC /
  • Phone: (313) 867-3700

Plan General Information

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is $1,213,995.00.This plan was established in 2001.

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is 273

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Average Participant Retirement Account Value

In 2002, the average participant retirement account value for BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is $4,446.00

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is $1,747.00.

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is approximately $636.00
Investing in this additonal $636.00 for 20 years would give you extra $40,726.00, assuming a 10% annual return.

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Total Employer Contribution and Match Rate

In 2002, BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY allocates $173,722.00 to match its employees' contributions, providing an employer match rate of 72.84% of their contributions

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is 30.18%.

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is -5.70%. This measures the effectiveness of the plan participants' investments in the year.

BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY Expense Ratio

In 2002, the investment and administrative expense ratio of BING LEAR MANUFACTURING GROUP BERNE PLANT HOURLY is 1.26%.

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