THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS
Plan Contact
- Contact person: RICHARD J. LUEDERS
- Phone: (313) 235-5455
Plan General Information
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Retirement Plan Assets
At the end of 2001, the total retirement plan assets of THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $67,176,033.00.This plan was established in 1983.
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Number of Retirement Plan Participants
At the end of 2001, the total number of retirement plan participants in THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 700
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Average Participant Retirement Account Value
In 2001, the average participant retirement account value for THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $95,965.00
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Average Employee Contribution Amount
In 2001, the estimated average employee contribution amount per participant for THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is $10,083.00.
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Average Employer Match
In 2001, the estimated average employer match for an employee in THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is approximately $1,901.00
Investing in this additonal $1,901.00 for 20 years would give you extra $121,672.00, assuming a 10% annual return.
Investing in this additonal $1,901.00 for 20 years would give you extra $121,672.00, assuming a 10% annual return.
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Employer Contribution and Match Rate
In 2001, THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS allocates $1,330,793.00 to match its employees' contributions, providing an employer match rate of 37.71% of their contributions
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Total Retirement Plan Asset Growth Rate
In 2001, the total retirement plan asset growth rate of THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is -7.90%.
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Estimated Aggregate Retirement Account Investment Gain/Loss
In 2001, the estimated aggregate retirement account investment gain/loss for THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is -7.89%. This measures the effectiveness of the plan participants' investments in the year.
THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS Expense Ratio
In 2001, the investment and administrative expense ratio of THE DETROIT EDSION SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 17 OF THE INTL BROTHERHOOD OF ELECTRICAL WORKERS is 0.00%.
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