J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST

Plan Contact

  • Contact person: BOB HUGHES
  • Phone: (919) 774-9444

Plan General Information

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is $5,066,986.00.This plan was established in 1963.

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is 308

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Average Participant Retirement Account Value

In 2003, the average participant retirement account value for J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is $16,451.00

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is $2,542.00.

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is approximately $321.00
Investing in this additonal $321.00 for 20 years would give you extra $20,600.00, assuming a 10% annual return.

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Total Employer Contribution and Match Rate

In 2003, J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST allocates $99,142.00 to match its employees' contributions, providing an employer match rate of 25.32% of their contributions

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is 23.32%.

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is 16.55%. This measures the effectiveness of the plan participants' investments in the year.

J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST Expense Ratio

In 2003, the investment and administrative expense ratio of J.T. DAVENPORT & SONS, INC. RETIREMENT SAVINGS PLAN 401K SALARY REDUCTION PLAN AND TRUST is 0.38%.

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