NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE

Plan Contact

  • Contact person: CASSANDRA R. SAUNDERS
  • Phone: (248) 680-4920

Plan General Information

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is $41,747,043.00.This plan was established in 1990.

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is 748

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Average Participant Retirement Account Value

In 2002, the average participant retirement account value for NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is $55,811.00

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is $10,281.00.

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is approximately $707.00
Investing in this additonal $707.00 for 20 years would give you extra $45,294.00, assuming a 10% annual return.

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Total Employer Contribution and Match Rate

In 2002, NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE allocates $529,385.00 to match its employees' contributions, providing an employer match rate of 13.77% of their contributions

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is -14.37%.

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is -16.29%. This measures the effectiveness of the plan participants' investments in the year.

NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE Expense Ratio

In 2002, the investment and administrative expense ratio of NEW VENTURE GEAR, INC. SAVINGS PLAN FOR SALARIED COLLEAGUE is 0.00%.

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