JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN

Plan Contact

  • Address: 260 WASHINGTON STREET,WATERTOWN,NY
  • Contact person: JEANETTE HARDY
  • Phone: (315) 661-2318

Plan General Information

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is $13,958,061.00.This plan was established in 1984.

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is 404

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is $34,549.00

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is $2,832.00.

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is approximately $42.00
Investing in this additonal $42.00 for 20 years would give you extra $2,733.00, assuming a 10% annual return.

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Total Employer Contribution and Match Rate

In 2017, JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN allocates $17,257.00 to match its employees' contributions, providing an employer match rate of 3.02% of their contributions

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is 11.19%.

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is 13.52%. This measures the effectiveness of the plan participants' investments in the year.

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN is 0.18%.

Enrollment Features

JOHNSON NEWSPAPER CORPORATION THRIFT INCENTIVE PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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