LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES

Plan Contact

  • Contact person: R.D. LESLIE
  • Phone: (936) 634-2211

Plan General Information

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is $18,606,070.00.This plan was established in 1991.

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is 1618

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value

In 2000, the average participant retirement account value for LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is $11,499.00

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is $1,544.00.

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is approximately $486.00
Investing in this additonal $486.00 for 20 years would give you extra $31,167.00, assuming a 10% annual return.

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate

In 2000, LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES allocates $787,949.00 to match its employees' contributions, providing an employer match rate of 63.05% of their contributions

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is 6.78%.

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is 3.13%. This measures the effectiveness of the plan participants' investments in the year.

LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES Expense Ratio

In 2000, the investment and administrative expense ratio of LUFKIN INDUSTRIES, INC. THRIFT PLAN FOR HOURLY EMPLOYEES is 0.11%.

Enrollment Features

Recent Articles

Free newsletters

High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more ...

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...