ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES
Plan Contact
- Contact person: MICHAEL E. SMITH
- Phone: (260) 461-4949
Plan General Information
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Total Retirement Plan Assets
At the end of 2005, the total retirement plan assets of ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is $12,288,434.00.This plan was established in 2003.
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2005, the total number of retirement plan participants in ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is 598
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Average Participant Retirement Account Value
In 2005, the average participant retirement account value for ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is $20,549.00
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Estimated Average Employee Contribution Amount
In 2005, the estimated average employee contribution amount per participant for ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is $3,038.00.
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Estimated Average Employer Match
In 2005, the estimated average employer match for an employee in ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is approximately $853.00
Investing in this additonal $853.00 for 20 years would give you extra $54,602.00, assuming a 10% annual return.
Investing in this additonal $853.00 for 20 years would give you extra $54,602.00, assuming a 10% annual return.
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Total Employer Contribution and Match Rate
In 2005, ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES allocates $510,191.00 to match its employees' contributions, providing an employer match rate of 56.17% of their contributions
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2005, the total retirement plan asset growth rate of ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is 14.19%.
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2005, the estimated aggregate retirement account investment gain/loss for ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is 14.80%. This measures the effectiveness of the plan participants' investments in the year.
ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES Expense Ratio
In 2005, the investment and administrative expense ratio of ESSEX ELECTRIC INC. 401K PLAN FOR SALARIED AND NON BARGAINED EMPLOYEES is 0.05%.
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