ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN
Plan Contact
- Address: 470 CRAWFORD ROAD,STATESVILLE,NC
- Contact person: BRENDA S ELLIOTT
- Phone: (704) 878-6663
Plan General Information
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is $31,561,613.00.This plan was established in 2001.
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is 1224
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is $25,785.00
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is $2,581.00.
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match
In 2011, the estimated average employer match for an employee in ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is approximately $609.00
Investing in this additonal $609.00 for 20 years would give you extra $39,009.00, assuming a 10% annual return.
Investing in this additonal $609.00 for 20 years would give you extra $39,009.00, assuming a 10% annual return.
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2011, ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN allocates $746,050.00 to match its employees' contributions, providing an employer match rate of 47.23% of their contributions
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is -5.74%.
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is -1.85%. This measures the effectiveness of the plan participants' investments in the year.
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN is 0.10%.
Enrollment Features
ASMO EMPLOYEES' SAVINGS AND RETIREMENT PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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