401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES
Plan Contact
- Contact person: HARRY F. MARIANI
- Phone: (516) 626-9200
Plan General Information
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Total Retirement Plan Assets
At the end of 1999, the total retirement plan assets of 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is $15,035,463.00.This plan was established in 1990.
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Total Number of Retirement Plan Participants
At the end of 1999, the total number of retirement plan participants in 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is 153
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Average Participant Retirement Account Value
In 1999, the average participant retirement account value for 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is $98,271.00
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Estimated Average Employee Contribution Amount
In 1999, the estimated average employee contribution amount per participant for 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is $8,197.00.
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Estimated Average Employer Match
In 1999, the estimated average employer match for an employee in 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is approximately $3,616.00
Investing in this additonal $3,616.00 for 20 years would give you extra $231,431.00, assuming a 10% annual return.
Investing in this additonal $3,616.00 for 20 years would give you extra $231,431.00, assuming a 10% annual return.
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Total Employer Contribution and Match Rate
In 1999, 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES allocates $553,266.00 to match its employees' contributions, providing an employer match rate of 88.23% of their contributions
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Total Retirement Plan Asset Growth Rate
In 1999, the total retirement plan asset growth rate of 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is 22.99%.
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Estimated Aggregate Retirement Account Investment Gain/Loss
In 1999, the estimated aggregate retirement account investment gain/loss for 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is 14.49%. This measures the effectiveness of the plan participants' investments in the year.
401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES Expense Ratio
In 1999, the investment and administrative expense ratio of 401K/PROFIT SHARING PLAN FOR EMPLOYEES OF BANFI PRODUCTS CORPORATION & AFFILIATED COMPANIES is 0.05%.
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