LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN
Plan Contact
- Address: 62 PLEASANT STREET,LACONIA,NH
- Contact person: GAYLE E. PRICE
- Phone: (603) 527-3205
Plan General Information
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is $23,037,002.00.This plan was established in 1988.
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is 322
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is $71,543.00
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is $6,329.00.
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Estimated Average Employer Match
In 2011, the estimated average employer match for an employee in LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is approximately $2,345.00
Investing in this additonal $2,345.00 for 20 years would give you extra $150,088.00, assuming a 10% annual return.
Investing in this additonal $2,345.00 for 20 years would give you extra $150,088.00, assuming a 10% annual return.
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Total Employer Contribution and Match Rate
In 2011, LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN allocates $755,132.00 to match its employees' contributions, providing an employer match rate of 74.10% of their contributions
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is 21.74%.
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is 21.65%. This measures the effectiveness of the plan participants' investments in the year.
LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of LACONIA SAVINGS BANK RETIREMENT INCENTIVE PLAN is 0.05%.
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