ENTERCOM 401K SAVINGS AND RETIREMENT PLAN
Plan Contact
- Contact person: JOHN C. DONLEVIE
- Phone: (610) 660-5610
Plan General Information
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2001, the total retirement plan assets of ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is $22,814,749.00.This plan was established in 1991.
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2001, the total number of retirement plan participants in ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is 1235
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value
In 2001, the average participant retirement account value for ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is $18,473.00
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2001, the estimated average employee contribution amount per participant for ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is $7,650.00.
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match
In 2001, the estimated average employer match for an employee in ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is approximately $1,015.00
Investing in this additonal $1,015.00 for 20 years would give you extra $64,987.00, assuming a 10% annual return.
Investing in this additonal $1,015.00 for 20 years would give you extra $64,987.00, assuming a 10% annual return.
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2001, ENTERCOM 401K SAVINGS AND RETIREMENT PLAN allocates $1,254,057.00 to match its employees' contributions, providing an employer match rate of 26.54% of their contributions
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2001, the total retirement plan asset growth rate of ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is 15.51%.
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2001, the estimated aggregate retirement account investment gain/loss for ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is -9.22%. This measures the effectiveness of the plan participants' investments in the year.
ENTERCOM 401K SAVINGS AND RETIREMENT PLAN Expense Ratio
In 2001, the investment and administrative expense ratio of ENTERCOM 401K SAVINGS AND RETIREMENT PLAN is 0.00%.
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