RAPID DIE & ENGINEERING INC. SAVINGS PLAN

Plan Contact

  • Contact person: JERRY BARNUM
  • Phone: (616) 241-5406

Plan General Information

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of RAPID DIE & ENGINEERING INC. SAVINGS PLAN is $6,515,744.00.This plan was established in 1985.

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in RAPID DIE & ENGINEERING INC. SAVINGS PLAN is 170

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Average Participant Retirement Account Value

In 2003, the average participant retirement account value for RAPID DIE & ENGINEERING INC. SAVINGS PLAN is $38,327.00

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for RAPID DIE & ENGINEERING INC. SAVINGS PLAN is $3,469.00.

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in RAPID DIE & ENGINEERING INC. SAVINGS PLAN is approximately $947.00
Investing in this additonal $947.00 for 20 years would give you extra $60,609.00, assuming a 10% annual return.

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Total Employer Contribution and Match Rate

In 2003, RAPID DIE & ENGINEERING INC. SAVINGS PLAN allocates $160,994.00 to match its employees' contributions, providing an employer match rate of 54.59% of their contributions

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of RAPID DIE & ENGINEERING INC. SAVINGS PLAN is 25.71%.

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for RAPID DIE & ENGINEERING INC. SAVINGS PLAN is 19.11%. This measures the effectiveness of the plan participants' investments in the year.

RAPID DIE & ENGINEERING INC. SAVINGS PLAN Expense Ratio

In 2003, the investment and administrative expense ratio of RAPID DIE & ENGINEERING INC. SAVINGS PLAN is 0.30%.

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