CUMULUS BROADCASTING, INC. 401K P LAN
Plan Contact
- Contact person: MARTIN R. GAUSVIK
- Phone: (678) 732-2065
Plan General Information
CUMULUS BROADCASTING, INC. 401K P LAN Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of CUMULUS BROADCASTING, INC. 401K P LAN is $8,559,457.00.This plan was established in 1998.
CUMULUS BROADCASTING, INC. 401K P LAN Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in CUMULUS BROADCASTING, INC. 401K P LAN is 1857
CUMULUS BROADCASTING, INC. 401K P LAN Average Participant Retirement Account Value
In 2002, the average participant retirement account value for CUMULUS BROADCASTING, INC. 401K P LAN is $4,609.00
CUMULUS BROADCASTING, INC. 401K P LAN Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for CUMULUS BROADCASTING, INC. 401K P LAN is $2,673.00.
CUMULUS BROADCASTING, INC. 401K P LAN Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in CUMULUS BROADCASTING, INC. 401K P LAN is approximately $220.00
Investing in this additonal $220.00 for 20 years would give you extra $14,120.00, assuming a 10% annual return.
Investing in this additonal $220.00 for 20 years would give you extra $14,120.00, assuming a 10% annual return.
CUMULUS BROADCASTING, INC. 401K P LAN Total Employer Contribution and Match Rate
In 2002, CUMULUS BROADCASTING, INC. 401K P LAN allocates $409,708.00 to match its employees' contributions, providing an employer match rate of 16.50% of their contributions
CUMULUS BROADCASTING, INC. 401K P LAN Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of CUMULUS BROADCASTING, INC. 401K P LAN is 16.49%.
CUMULUS BROADCASTING, INC. 401K P LAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for CUMULUS BROADCASTING, INC. 401K P LAN is -9.31%. This measures the effectiveness of the plan participants' investments in the year.
CUMULUS BROADCASTING, INC. 401K P LAN Expense Ratio
In 2002, the investment and administrative expense ratio of CUMULUS BROADCASTING, INC. 401K P LAN is 0.60%.
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