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BRODNAX MILLS, INC. RETIREMENT

Plan Contact

  • Contact person: RUSSELL LAWRIMORE
  • Phone: (434) 729-2325

Plan General Information

BRODNAX MILLS, INC. RETIREMENT Total Retirement Plan Assets

At the end of 2001, the total retirement plan assets of BRODNAX MILLS, INC. RETIREMENT is $689,330.00.This plan was established in 1987.

BRODNAX MILLS, INC. RETIREMENT Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in BRODNAX MILLS, INC. RETIREMENT is 123

BRODNAX MILLS, INC. RETIREMENT Average Participant Retirement Account Value

In 2001, the average participant retirement account value for BRODNAX MILLS, INC. RETIREMENT is $5,604.00

BRODNAX MILLS, INC. RETIREMENT Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for BRODNAX MILLS, INC. RETIREMENT is $261.00.

BRODNAX MILLS, INC. RETIREMENT Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in BRODNAX MILLS, INC. RETIREMENT is approximately $367.00
Investing in this additonal $367.00 for 20 years would give you extra $23,507.00, assuming a 10% annual return.

BRODNAX MILLS, INC. RETIREMENT Total Employer Contribution and Match Rate

In 2001, BRODNAX MILLS, INC. RETIREMENT allocates $45,179.00 to match its employees' contributions, providing an employer match rate of 280.41% of their contributions

BRODNAX MILLS, INC. RETIREMENT Total Retirement Plan Asset Growth Rate

In 2001, the total retirement plan asset growth rate of BRODNAX MILLS, INC. RETIREMENT is -0.52%.

BRODNAX MILLS, INC. RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2001, the estimated aggregate retirement account investment gain/loss for BRODNAX MILLS, INC. RETIREMENT is -0.02%. This measures the effectiveness of the plan participants' investments in the year.

BRODNAX MILLS, INC. RETIREMENT Expense Ratio

In 2001, the investment and administrative expense ratio of BRODNAX MILLS, INC. RETIREMENT is 1.16%.

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