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SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY

Plan Contact

  • Phone: (864) 585-5211

Plan General Information

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is $4,531,583.00.This plan was established in 1986.

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is 134

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Average Participant Retirement Account Value

In 2000, the average participant retirement account value for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is $33,817.00

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is $6,429.00.

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is approximately $263.00
Investing in this additonal $263.00 for 20 years would give you extra $16,864.00, assuming a 10% annual return.

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Total Employer Contribution and Match Rate

In 2000, SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY allocates $35,309.00 to match its employees' contributions, providing an employer match rate of 8.20% of their contributions

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is -12.25%.

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is -7.32%. This measures the effectiveness of the plan participants' investments in the year.

SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY Expense Ratio

In 2000, the investment and administrative expense ratio of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS AND INVESTMENT PLAN - FOR SALARIED EMPLOY is 0.00%.

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