MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES
Plan Contact
- Contact person: LEA BOLLENBACH
- Phone: (413) 568-9571
Plan General Information
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is $14,682,963.00.This plan was established in 1984.
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is 730
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value
In 2008, the average participant retirement account value for MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is $20,113.00
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is $1,990.00.
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is approximately $451.00
Investing in this additonal $451.00 for 20 years would give you extra $28,878.00, assuming a 10% annual return.
Investing in this additonal $451.00 for 20 years would give you extra $28,878.00, assuming a 10% annual return.
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate
In 2008, MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES allocates $329,396.00 to match its employees' contributions, providing an employer match rate of 45.34% of their contributions
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is -15.51%.
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is -14.59%. This measures the effectiveness of the plan participants' investments in the year.
MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES Expense Ratio
In 2008, the investment and administrative expense ratio of MESTEK, INC. 401K PLAN FOR UNION EMPLOYEES is 0.18%.
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