THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN

Plan Contact

  • Phone: (513) 851-4644

Plan General Information

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is $1,094,369.00.This plan was established in 1996.

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is 129

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is $8,483.00

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is $2,592.00.

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is approximately $294.00
Investing in this additonal $294.00 for 20 years would give you extra $18,838.00, assuming a 10% annual return.

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Total Employer Contribution and Match Rate

In 2004, THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN allocates $37,971.00 to match its employees' contributions, providing an employer match rate of 22.71% of their contributions

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is 17.09%.

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is 8.40%. This measures the effectiveness of the plan participants' investments in the year.

THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN Expense Ratio

In 2004, the investment and administrative expense ratio of THE FAXON MACHINING, INC EMPLOYEE RETIREMENT SAVIN is 0.00%.

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