INNOVENE EMPLOYEE SAVINGS PLAN

Plan Contact

  • Contact person: JERROD W. EVANS
  • Phone: (815) 774-2725

Plan General Information

INNOVENE EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2006, the total retirement plan assets of INNOVENE EMPLOYEE SAVINGS PLAN is $74,563,316.00.This plan was established in 2005.

INNOVENE EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2006, the total number of retirement plan participants in INNOVENE EMPLOYEE SAVINGS PLAN is 1895

INNOVENE EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2006, the average participant retirement account value for INNOVENE EMPLOYEE SAVINGS PLAN is $39,347.00

INNOVENE EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for INNOVENE EMPLOYEE SAVINGS PLAN is $22,143.00.

INNOVENE EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2006, the estimated average employer match for an employee in INNOVENE EMPLOYEE SAVINGS PLAN is approximately $6,955.00
Investing in this additonal $6,955.00 for 20 years would give you extra $445,150.00, assuming a 10% annual return.

INNOVENE EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2006, INNOVENE EMPLOYEE SAVINGS PLAN allocates $13,180,614.00 to match its employees' contributions, providing an employer match rate of 62.82% of their contributions

INNOVENE EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2006, the total retirement plan asset growth rate of INNOVENE EMPLOYEE SAVINGS PLAN is 3675.27%.

INNOVENE EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2006, the estimated aggregate retirement account investment gain/loss for INNOVENE EMPLOYEE SAVINGS PLAN is 16.87%. This measures the effectiveness of the plan participants' investments in the year.

INNOVENE EMPLOYEE SAVINGS PLAN Expense Ratio

In 2006, the investment and administrative expense ratio of INNOVENE EMPLOYEE SAVINGS PLAN is 0.03%.

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