GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN
Plan Contact
- Contact person: LYNN WYTAS
- Phone: (860) 644-1551
Plan General Information
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Total Retirement Plan Assets
At the end of 1999, the total retirement plan assets of GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is $71,261,732.00.This plan was established in 1985.
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Total Number of Retirement Plan Participants
At the end of 1999, the total number of retirement plan participants in GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is 1800
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Average Participant Retirement Account Value
In 1999, the average participant retirement account value for GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is $39,589.00
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Estimated Average Employee Contribution Amount
In 1999, the estimated average employee contribution amount per participant for GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is $6,485.00.
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Estimated Average Employer Match
In 1999, the estimated average employer match for an employee in GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is approximately $672.00
Investing in this additonal $672.00 for 20 years would give you extra $43,018.00, assuming a 10% annual return.
Investing in this additonal $672.00 for 20 years would give you extra $43,018.00, assuming a 10% annual return.
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Total Employer Contribution and Match Rate
In 1999, GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN allocates $1,209,888.00 to match its employees' contributions, providing an employer match rate of 20.73% of their contributions
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Total Retirement Plan Asset Growth Rate
In 1999, the total retirement plan asset growth rate of GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is 18.22%.
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 1999, the estimated aggregate retirement account investment gain/loss for GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is 14.57%. This measures the effectiveness of the plan participants' investments in the year.
GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN Expense Ratio
In 1999, the investment and administrative expense ratio of GERBER SCIENTIFIC, INC. AND PARTICIPATING SUBSIDIARIES 401K MAXIMUM ADVANTAGE PROGRAM PLAN is 0.04%.
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