TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP

Plan Contact

  • Contact person: GARY MEEKER
  • Phone: (301) 937-4555

Plan General Information

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is $17,492,327.00.This plan was established in 1985.

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is 1204

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Average Participant Retirement Account Value

In 2002, the average participant retirement account value for TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is $14,528.00

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is $2,040.00.

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is approximately $934.00
Investing in this additonal $934.00 for 20 years would give you extra $59,827.00, assuming a 10% annual return.

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Total Employer Contribution and Match Rate

In 2002, TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP allocates $1,125,502.00 to match its employees' contributions, providing an employer match rate of 91.62% of their contributions

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is -0.03%.

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is -7.77%. This measures the effectiveness of the plan participants' investments in the year.

TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP Expense Ratio

In 2002, the investment and administrative expense ratio of TEXTILEASE RETIREMENT SAVINGS AND STOCK OWNERSHIP is 0.05%.

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