LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES
Plan Contact
- Contact person: MICHAEL J STACHURA
- Phone: (585) 768-5109
Plan General Information
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Total Retirement Plan Assets
At the end of 2005, the total retirement plan assets of LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is $6,310,651.00.This plan was established in 1987.
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2005, the total number of retirement plan participants in LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is 213
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Average Participant Retirement Account Value
In 2005, the average participant retirement account value for LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is $29,627.00
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Estimated Average Employee Contribution Amount
In 2005, the estimated average employee contribution amount per participant for LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is $2,826.00.
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Estimated Average Employer Match
In 2005, the estimated average employer match for an employee in LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is approximately $493.00
Investing in this additonal $493.00 for 20 years would give you extra $31,587.00, assuming a 10% annual return.
Investing in this additonal $493.00 for 20 years would give you extra $31,587.00, assuming a 10% annual return.
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Total Employer Contribution and Match Rate
In 2005, LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES allocates $105,127.00 to match its employees' contributions, providing an employer match rate of 34.92% of their contributions
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2005, the total retirement plan asset growth rate of LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is -20.25%.
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2005, the estimated aggregate retirement account investment gain/loss for LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is 5.06%. This measures the effectiveness of the plan participants' investments in the year.
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES Expense Ratio
In 2005, the investment and administrative expense ratio of LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY PAID EMPLOYEES is 0.27%.
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