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GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN

Plan Contact

  • Contact person: RICHARD J. DALY
  • Phone: (248) 358-8315

Plan General Information

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is $13,077,245.00.This plan was established in 1999.

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is 422

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is $30,988.00

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is $5,929.00.

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is approximately $1,783.00
Investing in this additonal $1,783.00 for 20 years would give you extra $114,132.00, assuming a 10% annual return.

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2004, GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN allocates $752,564.00 to match its employees' contributions, providing an employer match rate of 60.15% of their contributions

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is 6.80%.

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is 7.40%. This measures the effectiveness of the plan participants' investments in the year.

GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN Expense Ratio

In 2004, the investment and administrative expense ratio of GMAC COMMERCIAL CREDIT LLC 401K & PROFIT SHARING PLAN is 0.04%.

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