AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN

Plan Contact

  • Contact person: DAVID GLAZER
  • Phone: (305) 825-9800

Plan General Information

AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN is 268

AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN is $3,112.00.

AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN is approximately $635.00
Investing in this additonal $635.00 for 20 years would give you extra $40,644.00, assuming a 10% annual return.

AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2002, AMERICAN ENGINEERING & DEVELOPMENT PROFIT SHARING PLAN allocates $170,200.00 to match its employees' contributions, providing an employer match rate of 40.80% of their contributions

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