THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS
Plan Contact
- Contact person: RICHARD J. LUEDERS
- Phone: (313) 235-3461
Plan General Information
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Retirement Plan Assets
At the end of 2003, the total retirement plan assets of THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $66,696,891.00.This plan was established in 1983.
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Number of Retirement Plan Participants
At the end of 2003, the total number of retirement plan participants in THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 681
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Average Participant Retirement Account Value
In 2003, the average participant retirement account value for THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $97,939.00
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Average Employee Contribution Amount
In 2003, the estimated average employee contribution amount per participant for THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $9,830.00.
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Average Employer Match
In 2003, the estimated average employer match for an employee in THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is approximately $1,838.00
Investing in this additonal $1,838.00 for 20 years would give you extra $117,642.00, assuming a 10% annual return.
Investing in this additonal $1,838.00 for 20 years would give you extra $117,642.00, assuming a 10% annual return.
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Employer Contribution and Match Rate
In 2003, THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS allocates $1,251,790.00 to match its employees' contributions, providing an employer match rate of 37.40% of their contributions
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Retirement Plan Asset Growth Rate
In 2003, the total retirement plan asset growth rate of THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 11.04%.
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Aggregate Retirement Account Investment Gain/Loss
In 2003, the estimated aggregate retirement account investment gain/loss for THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 10.53%. This measures the effectiveness of the plan participants' investments in the year.
THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Expense Ratio
In 2003, the investment and administrative expense ratio of THE DETROIT EDISON SAVINGS & STOCK OWNERSHIP PLAN FOR EMPLOYEES BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 0.00%.
Enrollment Features
Recent Articles
- How to Benefit from Your ESPP (Employer Stock Purchase Plan)
- Simple 401(k) Investment Guide
- Why Actively Managed Bond Funds Outperform Index Funds More Often Than Stocks
- Income Growth, Historical 401(k) Contribution Limit Data
- How Much Should I Save for Retirement By Age? A Realistic Reference
- Historical Year-by-Year Annual 401(k) Contribution Limits
- Year-by-Year Income Levels in the U.S.
- Realistic Reference Data on Retirement Savings by Age in 2025
- Navigating the ExxonMobil Savings Plan: A Guide to Low-Cost Index Investing
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...