CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES
Plan Contact
- Contact person: JOHN L. LEWIS
- Phone: (812) 377-4590
Plan General Information
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is $242,217,856.00.This plan was established in 1992.
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is 3420
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Average Participant Retirement Account Value
In 2002, the average participant retirement account value for CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is $70,823.00
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is $5,884.00.
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is approximately $632.00
Investing in this additonal $632.00 for 20 years would give you extra $40,452.00, assuming a 10% annual return.
Investing in this additonal $632.00 for 20 years would give you extra $40,452.00, assuming a 10% annual return.
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Total Employer Contribution and Match Rate
In 2002, CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES allocates $2,161,700.00 to match its employees' contributions, providing an employer match rate of 21.48% of their contributions
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is -12.94%.
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is -5.65%. This measures the effectiveness of the plan participants' investments in the year.
CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES Expense Ratio
In 2002, the investment and administrative expense ratio of CUMMINS ENG CO INC & AFFIL RET & SAVINGS PL FOR BARG UNIT EMPLOYEES is 0.00%.
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