SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES

Plan Contact

  • Contact person: NANCY PERRY
  • Phone: (312) 322-8500

Plan General Information

SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Number of Retirement Plan Participants

At the end of 1999, the total number of retirement plan participants in SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES is 519

SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES Estimated Average Employee Contribution Amount

In 1999, the estimated average employee contribution amount per participant for SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES is $5,368.00.

SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES Estimated Average Employer Match

In 1999, the estimated average employer match for an employee in SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES is approximately $780.00
Investing in this additonal $780.00 for 20 years would give you extra $49,958.00, assuming a 10% annual return.

SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Employer Contribution and Match Rate

In 1999, SCHWITZER GROUP TAX REDUCTION INVESTMENT PLAN FOR SALARIED EMPLOYEES allocates $405,133.00 to match its employees' contributions, providing an employer match rate of 29.08% of their contributions

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