NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN

Plan Contact

  • Contact person: RAJEEB RATH
  • Phone: (609) 588-5500

Plan General Information

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is $753,546.00.This plan was established in 1997.

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is 214

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2002, the average participant retirement account value for NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is $3,521.00

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is $1,215.00.

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is approximately $12.00
Investing in this additonal $12.00 for 20 years would give you extra $791.00, assuming a 10% annual return.

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2002, NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN allocates $2,647.00 to match its employees' contributions, providing an employer match rate of 2.03% of their contributions

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is -37.37%.

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is -22.54%. This measures the effectiveness of the plan participants' investments in the year.

NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN Expense Ratio

In 2002, the investment and administrative expense ratio of NOVASOFT INFORMATION TECHNOLOGY, CORP 401K PROFIT SHARING PLAN is 0.19%.

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