THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN
Plan Contact
- Contact person: JAMES B. ADAMS
- Phone: (717) 291-2565
Plan General Information
THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN Total Number of Retirement Plan Participants
At the end of 2003, the total number of retirement plan participants in THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN is 169
THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN Estimated Average Employee Contribution Amount
In 2003, the estimated average employee contribution amount per participant for THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN is $1,386.00.
THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN Estimated Average Employer Match
In 2003, the estimated average employer match for an employee in THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN is approximately $283.00
Investing in this additonal $283.00 for 20 years would give you extra $18,152.00, assuming a 10% annual return.
Investing in this additonal $283.00 for 20 years would give you extra $18,152.00, assuming a 10% annual return.
THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN Total Employer Contribution and Match Rate
In 2003, THE DROVERS AND MECHANICS BANK SALARY DEFERRAL PLAN allocates $47,935.00 to match its employees' contributions, providing an employer match rate of 40.93% of their contributions
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