NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 505 RICHMOND AVE,POINT PLEASANT BEACH,NJ
- Contact person: GERARD NORKUS
- Phone: (732) 899-4040
Plan General Information
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is $3,239,108.00.This plan was established in 1984.
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is 117
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is $27,684.00
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is $2,842.00.
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is -44.99%.
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is -1.53%. This measures the effectiveness of the plan participants' investments in the year.
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN is 0.57%.
Enrollment Features
NORKUS ENTERPRISES, INC. RETIREMENT SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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