FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN

Plan Contact

  • Address: 1850 NE 146TH STREET,N MIAMI,FL
  • Contact person: JOHN F. FARREY
  • Phone: (305) 919-0189

Plan General Information

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2012, the total retirement plan assets of FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is $5,953,871.00.This plan was established in 1992.

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is 108

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Average Participant Retirement Account Value

In 2012, the average participant retirement account value for FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is $55,128.00

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is $4,444.00.

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is approximately $1,201.00
Investing in this additonal $1,201.00 for 20 years would give you extra $76,890.00, assuming a 10% annual return.

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2012, FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN allocates $129,752.00 to match its employees' contributions, providing an employer match rate of 54.06% of their contributions

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2012, the total retirement plan asset growth rate of FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is 19.18%.

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2012, the estimated aggregate retirement account investment gain/loss for FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is 18.15%. This measures the effectiveness of the plan participants' investments in the year.

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN Expense Ratio

In 2012, the investment and administrative expense ratio of FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN is 0.00%.

Enrollment Features

FARREYS WHOLESALE HARDWARE CO., INC. EMPLOYEES RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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