HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST

Plan Contact

  • Address: 99 MADISON AVE.,NEW YORK,NY
  • Contact person: JUDI LINDOWER
  • Phone: (212) 532-4444

Plan General Information

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is $11,584,787.00.This plan was established in 1995.

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is 159

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Average Participant Retirement Account Value

In 2014, the average participant retirement account value for HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is $72,860.00

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is $5,747.00.

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is approximately $2,304.00
Investing in this additonal $2,304.00 for 20 years would give you extra $147,498.00, assuming a 10% annual return.

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Total Employer Contribution and Match Rate

In 2014, HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST allocates $366,442.00 to match its employees' contributions, providing an employer match rate of 80.20% of their contributions

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2014, the total retirement plan asset growth rate of HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is 10.30%.

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2014, the estimated aggregate retirement account investment gain/loss for HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is 3.97%. This measures the effectiveness of the plan participants' investments in the year.

HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST Expense Ratio

In 2014, the investment and administrative expense ratio of HABIB AMERICAN BANK 401K SAVINGS PLAN AND TRUST is 0.52%.

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