PREM MAGNETICS INCORPORATED

Plan Contact

  • Phone: (815) 385-2700

Plan General Information

PREM MAGNETICS INCORPORATED Total Retirement Plan Assets

At the end of 1999, the total retirement plan assets of PREM MAGNETICS INCORPORATED is $797,681.00.This plan was established in 1994.

PREM MAGNETICS INCORPORATED Total Number of Retirement Plan Participants

At the end of 1999, the total number of retirement plan participants in PREM MAGNETICS INCORPORATED is 124

PREM MAGNETICS INCORPORATED Average Participant Retirement Account Value

In 1999, the average participant retirement account value for PREM MAGNETICS INCORPORATED is $6,432.00

PREM MAGNETICS INCORPORATED Estimated Average Employee Contribution Amount

In 1999, the estimated average employee contribution amount per participant for PREM MAGNETICS INCORPORATED is $1,607.00.

PREM MAGNETICS INCORPORATED Estimated Average Employer Match

In 1999, the estimated average employer match for an employee in PREM MAGNETICS INCORPORATED is approximately $199.00
Investing in this additonal $199.00 for 20 years would give you extra $12,739.00, assuming a 10% annual return.

PREM MAGNETICS INCORPORATED Total Employer Contribution and Match Rate

In 1999, PREM MAGNETICS INCORPORATED allocates $24,682.00 to match its employees' contributions, providing an employer match rate of 24.76% of their contributions

PREM MAGNETICS INCORPORATED Total Retirement Plan Asset Growth Rate

In 1999, the total retirement plan asset growth rate of PREM MAGNETICS INCORPORATED is 8.64%.

PREM MAGNETICS INCORPORATED Estimated Aggregate Retirement Account Investment Gain/Loss

In 1999, the estimated aggregate retirement account investment gain/loss for PREM MAGNETICS INCORPORATED is 10.20%. This measures the effectiveness of the plan participants' investments in the year.

PREM MAGNETICS INCORPORATED Expense Ratio

In 1999, the investment and administrative expense ratio of PREM MAGNETICS INCORPORATED is 0.00%.

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