ADIRONDACK BANK 401 K THRIFT PLAN
Plan Contact
- Contact person: DIANE KING
- Phone: (518) 891-2323
Plan General Information
ADIRONDACK BANK 401 K THRIFT PLAN Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of ADIRONDACK BANK 401 K THRIFT PLAN is $2,612,648.00.This plan was established in 2000.
ADIRONDACK BANK 401 K THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in ADIRONDACK BANK 401 K THRIFT PLAN is 192
ADIRONDACK BANK 401 K THRIFT PLAN Average Participant Retirement Account Value
In 2008, the average participant retirement account value for ADIRONDACK BANK 401 K THRIFT PLAN is $13,607.00
ADIRONDACK BANK 401 K THRIFT PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for ADIRONDACK BANK 401 K THRIFT PLAN is $4,252.00.
ADIRONDACK BANK 401 K THRIFT PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in ADIRONDACK BANK 401 K THRIFT PLAN is approximately $1,361.00
Investing in this additonal $1,361.00 for 20 years would give you extra $87,149.00, assuming a 10% annual return.
Investing in this additonal $1,361.00 for 20 years would give you extra $87,149.00, assuming a 10% annual return.
ADIRONDACK BANK 401 K THRIFT PLAN Total Employer Contribution and Match Rate
In 2008, ADIRONDACK BANK 401 K THRIFT PLAN allocates $261,449.00 to match its employees' contributions, providing an employer match rate of 64.05% of their contributions
ADIRONDACK BANK 401 K THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of ADIRONDACK BANK 401 K THRIFT PLAN is -32.62%.
ADIRONDACK BANK 401 K THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for ADIRONDACK BANK 401 K THRIFT PLAN is -26.36%. This measures the effectiveness of the plan participants' investments in the year.
ADIRONDACK BANK 401 K THRIFT PLAN Expense Ratio
In 2008, the investment and administrative expense ratio of ADIRONDACK BANK 401 K THRIFT PLAN is 0.42%.
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