FINANCIAL INSURANCE MGMT CORP 401K PLAN

Plan Contact

  • Contact person: FRANK T. ZIGINSKI JR
  • Phone: (941) 552-1644

Plan General Information

FINANCIAL INSURANCE MGMT CORP 401K PLAN Total Retirement Plan Assets

At the end of 2005, the total retirement plan assets of FINANCIAL INSURANCE MGMT CORP 401K PLAN is $2,085,623.00.This plan was established in 1999.

FINANCIAL INSURANCE MGMT CORP 401K PLAN Total Number of Retirement Plan Participants

At the end of 2005, the total number of retirement plan participants in FINANCIAL INSURANCE MGMT CORP 401K PLAN is 157

FINANCIAL INSURANCE MGMT CORP 401K PLAN Average Participant Retirement Account Value

In 2005, the average participant retirement account value for FINANCIAL INSURANCE MGMT CORP 401K PLAN is $13,284.00

FINANCIAL INSURANCE MGMT CORP 401K PLAN Estimated Average Employee Contribution Amount

In 2005, the estimated average employee contribution amount per participant for FINANCIAL INSURANCE MGMT CORP 401K PLAN is $6,016.00.

FINANCIAL INSURANCE MGMT CORP 401K PLAN Estimated Average Employer Match

In 2005, the estimated average employer match for an employee in FINANCIAL INSURANCE MGMT CORP 401K PLAN is approximately $1,777.00
Investing in this additonal $1,777.00 for 20 years would give you extra $113,745.00, assuming a 10% annual return.

FINANCIAL INSURANCE MGMT CORP 401K PLAN Total Employer Contribution and Match Rate

In 2005, FINANCIAL INSURANCE MGMT CORP 401K PLAN allocates $279,033.00 to match its employees' contributions, providing an employer match rate of 59.08% of their contributions

FINANCIAL INSURANCE MGMT CORP 401K PLAN Total Retirement Plan Asset Growth Rate

In 2005, the total retirement plan asset growth rate of FINANCIAL INSURANCE MGMT CORP 401K PLAN is 65.94%.

FINANCIAL INSURANCE MGMT CORP 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2005, the estimated aggregate retirement account investment gain/loss for FINANCIAL INSURANCE MGMT CORP 401K PLAN is 8.95%. This measures the effectiveness of the plan participants' investments in the year.

FINANCIAL INSURANCE MGMT CORP 401K PLAN Expense Ratio

In 2005, the investment and administrative expense ratio of FINANCIAL INSURANCE MGMT CORP 401K PLAN is 0.88%.

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