HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN
Plan Contact
- Contact person: KIM M. THOMAS, BENEFITS MANAGER
- Phone: (313) 465-7000
Plan General Information
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is $54,009,406.00.This plan was established in 1983.
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is 638
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is $84,654.00
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is $11,686.00.
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is approximately $224.00
Investing in this additonal $224.00 for 20 years would give you extra $14,338.00, assuming a 10% annual return.
Investing in this additonal $224.00 for 20 years would give you extra $14,338.00, assuming a 10% annual return.
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Total Employer Contribution and Match Rate
In 2007, HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN allocates $142,934.00 to match its employees' contributions, providing an employer match rate of 3.83% of their contributions
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is 8.91%.
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is 5.87%. This measures the effectiveness of the plan participants' investments in the year.
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN is 0.00%.
Enrollment Features
HONIGMAN MILLER SCHWARTZ AND COHN INCOME DEFERRAL PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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