LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN

Plan Contact

  • Contact person: N.A. CIOTOLA, CFO
  • Phone: (312) 346-2100

Plan General Information

LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN is 318

LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN is $1,471.00.

LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN is approximately $392.00
Investing in this additonal $392.00 for 20 years would give you extra $25,143.00, assuming a 10% annual return.

LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2001, LESTER B. KNIGHT & ASSOCIATES, INC. EMPLOYEES PROFIT SHARING RETIREMENT PLAN allocates $124,934.00 to match its employees' contributions, providing an employer match rate of 53.41% of their contributions

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