THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN

Plan Contact

  • Contact person: MICHAEL DE PAULO
  • Phone: (610) 681-1921

Plan General Information

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is $4,866,891.00.This plan was established in 1974.

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is 132

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is $36,870.00

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is $3,093.00.

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is approximately $798.00
Investing in this additonal $798.00 for 20 years would give you extra $51,084.00, assuming a 10% annual return.

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2004, THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN allocates $105,362.00 to match its employees' contributions, providing an employer match rate of 51.61% of their contributions

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is 11.79%.

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is 11.17%. This measures the effectiveness of the plan participants' investments in the year.

THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN Expense Ratio

In 2004, the investment and administrative expense ratio of THE FIRST NATIONAL BANK/PALMERTON PROFIT SHARING RETIREMENT PLAN is 0.00%.

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