G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN

Plan Contact

  • Address: 2821 OLD TREE DRIVE,LANCASTER,PA
  • Contact person: BARBARA DIVIRGILIO
  • Phone: (717) 394-3701

Plan General Information

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2010, the total retirement plan assets of G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is $1,388,422.00.This plan was established in 1993.

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2010, the total number of retirement plan participants in G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is 102

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Average Participant Retirement Account Value

In 2010, the average participant retirement account value for G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is $13,611.00

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is $1,872.00.

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match

In 2010, the estimated average employer match for an employee in G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is approximately $74.00
Investing in this additonal $74.00 for 20 years would give you extra $4,788.00, assuming a 10% annual return.

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2010, G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN allocates $7,632.00 to match its employees' contributions, providing an employer match rate of 7.99% of their contributions

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2010, the total retirement plan asset growth rate of G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is 10.55%.

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2010, the estimated aggregate retirement account investment gain/loss for G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is 16.31%. This measures the effectiveness of the plan participants' investments in the year.

G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN Expense Ratio

In 2010, the investment and administrative expense ratio of G.G. SCHMITT & SONS, INC. PROFIT SHARING RETIREMENT PLAN is 0.90%.

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