THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999,

Plan Contact

  • Contact person: ROBIN D. WATKINS,MGR BEN ACCOUNTING
  • Phone: (804) 771-4837

Plan General Information

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Total Retirement Plan Assets

At the end of 2001, the total retirement plan assets of THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is $189,519,177.00.This plan was established in 1973.

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is 1272

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Average Participant Retirement Account Value

In 2001, the average participant retirement account value for THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is $148,993.00

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is $8,373.00.

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is approximately $2,153.00
Investing in this additonal $2,153.00 for 20 years would give you extra $137,854.00, assuming a 10% annual return.

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Total Employer Contribution and Match Rate

In 2001, THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, allocates $2,739,858.00 to match its employees' contributions, providing an employer match rate of 51.45% of their contributions

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Total Retirement Plan Asset Growth Rate

In 2001, the total retirement plan asset growth rate of THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is 11.42%.

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Estimated Aggregate Retirement Account Investment Gain/Loss

In 2001, the estimated aggregate retirement account investment gain/loss for THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is 22.72%. This measures the effectiveness of the plan participants' investments in the year.

THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, Expense Ratio

In 2001, the investment and administrative expense ratio of THRIFT PLAN OF CNG TRANSMISSION CORPORATION AND HOPE GAS, INC. FOR EMPLOYEES REP BY ALLEGHENY MOUNTAIN GAS WORKERS UNION, LOCAL 999, is 0.00%.

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