GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN
Plan Contact
- Contact person: KAY M. PICKART FOR BENEFIT ADMIN.
- Phone: (586) 566-2400
Plan General Information
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2005, the total retirement plan assets of GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is $143,175,875.00.This plan was established in 1952.
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2005, the total number of retirement plan participants in GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is 1768
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2005, the average participant retirement account value for GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is $80,981.00
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2005, the estimated average employee contribution amount per participant for GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is $6,147.00.
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2005, the estimated average employer match for an employee in GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is approximately $1,233.00
Investing in this additonal $1,233.00 for 20 years would give you extra $78,926.00, assuming a 10% annual return.
Investing in this additonal $1,233.00 for 20 years would give you extra $78,926.00, assuming a 10% annual return.
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2005, GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN allocates $2,180,355.00 to match its employees' contributions, providing an employer match rate of 40.12% of their contributions
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2005, the total retirement plan asset growth rate of GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is -20.05%.
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2005, the estimated aggregate retirement account investment gain/loss for GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is -9.98%. This measures the effectiveness of the plan participants' investments in the year.
GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN Expense Ratio
In 2005, the investment and administrative expense ratio of GIDDINGS & LEWIS RETIREMENT SAVINGS PLAN is 0.01%.
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