EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY
Plan Contact
- Contact person: DONALD G. LOEFFER
- Phone: (734) 452-2319
Plan General Information
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is $6,019,823.00.This plan was established in 1989.
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is 454
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Average Participant Retirement Account Value
In 2002, the average participant retirement account value for EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is $13,259.00
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is $2,518.00.
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is approximately $125.00
Investing in this additonal $125.00 for 20 years would give you extra $8,042.00, assuming a 10% annual return.
Investing in this additonal $125.00 for 20 years would give you extra $8,042.00, assuming a 10% annual return.
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Total Employer Contribution and Match Rate
In 2002, EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY allocates $57,051.00 to match its employees' contributions, providing an employer match rate of 9.98% of their contributions
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is -17.90%.
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is -13.01%. This measures the effectiveness of the plan participants' investments in the year.
EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY Expense Ratio
In 2002, the investment and administrative expense ratio of EMPLOYEE SAVINGS AND PROFIT SHARING PLAN OF GENERAL FASTENERS COMPANY is 1.05%.
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