LANGER EQUIPMENT CO PROFIT SHARING PLAN
Plan Contact
- Contact person: W BARTON BERG JR
- Phone: (218) 749-4700
Plan General Information
LANGER EQUIPMENT CO PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of LANGER EQUIPMENT CO PROFIT SHARING PLAN is $2,174,546.00.This plan was established in 1966.
LANGER EQUIPMENT CO PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in LANGER EQUIPMENT CO PROFIT SHARING PLAN is 12
LANGER EQUIPMENT CO PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for LANGER EQUIPMENT CO PROFIT SHARING PLAN is $181,212.00
LANGER EQUIPMENT CO PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for LANGER EQUIPMENT CO PROFIT SHARING PLAN is $10,429.00.
LANGER EQUIPMENT CO PROFIT SHARING PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in LANGER EQUIPMENT CO PROFIT SHARING PLAN is approximately $5,003.00
Investing in this additonal $5,003.00 for 20 years would give you extra $320,229.00, assuming a 10% annual return.
Investing in this additonal $5,003.00 for 20 years would give you extra $320,229.00, assuming a 10% annual return.
LANGER EQUIPMENT CO PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2007, LANGER EQUIPMENT CO PROFIT SHARING PLAN allocates $60,043.00 to match its employees' contributions, providing an employer match rate of 95.95% of their contributions
LANGER EQUIPMENT CO PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of LANGER EQUIPMENT CO PROFIT SHARING PLAN is 9.20%.
LANGER EQUIPMENT CO PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for LANGER EQUIPMENT CO PROFIT SHARING PLAN is 5.52%. This measures the effectiveness of the plan participants' investments in the year.
LANGER EQUIPMENT CO PROFIT SHARING PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of LANGER EQUIPMENT CO PROFIT SHARING PLAN is 0.00%.
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