FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN

Plan Contact

  • Contact person: LARRY K PITCHFORD
  • Phone: (404) 760-7743

Plan General Information

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Total Retirement Plan Assets

At the end of 2005, the total retirement plan assets of FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is $10,206,817.00.This plan was established in 1969.

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2005, the total number of retirement plan participants in FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is 309

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Average Participant Retirement Account Value

In 2005, the average participant retirement account value for FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is $33,031.00

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Estimated Average Employee Contribution Amount

In 2005, the estimated average employee contribution amount per participant for FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is $6,325.00.

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Estimated Average Employer Match

In 2005, the estimated average employer match for an employee in FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is approximately $1,958.00
Investing in this additonal $1,958.00 for 20 years would give you extra $125,312.00, assuming a 10% annual return.

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Total Employer Contribution and Match Rate

In 2005, FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN allocates $605,024.00 to match its employees' contributions, providing an employer match rate of 61.90% of their contributions

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2005, the total retirement plan asset growth rate of FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is 20.67%.

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2005, the estimated aggregate retirement account investment gain/loss for FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is 10.24%. This measures the effectiveness of the plan participants' investments in the year.

FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN Expense Ratio

In 2005, the investment and administrative expense ratio of FLAG FINANCIAL CORPORATION PROFIT SHARING THRIFT PLAN is 0.00%.

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