TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN
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Plan General Information
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is $13,858,157.00.This plan was established in 1982.
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is 1054
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Average Participant Retirement Account Value
In 2008, the average participant retirement account value for TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is $13,148.00
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is $2,758.00.
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is approximately $525.00
Investing in this additonal $525.00 for 20 years would give you extra $33,604.00, assuming a 10% annual return.
Investing in this additonal $525.00 for 20 years would give you extra $33,604.00, assuming a 10% annual return.
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Total Employer Contribution and Match Rate
In 2008, TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN allocates $553,428.00 to match its employees' contributions, providing an employer match rate of 38.07% of their contributions
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is -37.10%.
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is -42.77%. This measures the effectiveness of the plan participants' investments in the year.
TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN Expense Ratio
In 2008, the investment and administrative expense ratio of TOWNE AIR FREIGHT, INC. EMPLOYEES R ETIREMENT PLAN is 0.04%.
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