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THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC.

Plan Contact

  • Contact person: MARTIN GALASSO
  • Phone: (518) 294-9964

Plan General Information

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is $11,048,312.00.This plan was established in 1970.

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is 203

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Average Participant Retirement Account Value

In 2000, the average participant retirement account value for THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is $54,425.00

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is $97.00.

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is approximately $3,087.00
Investing in this additonal $3,087.00 for 20 years would give you extra $197,571.00, assuming a 10% annual return.

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Total Employer Contribution and Match Rate

In 2000, THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. allocates $626,672.00 to match its employees' contributions, providing an employer match rate of 6330.02% of their contributions

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is 1.43%.

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is -1.09%. This measures the effectiveness of the plan participants' investments in the year.

THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. Expense Ratio

In 2000, the investment and administrative expense ratio of THE OPEN SHOP RETIREMENT PLAN FOR THE EMPLOYEES OF LANCASTER DEVELOPMENT, INC. is 0.35%.

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