AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES

Plan Contact

  • Contact person: KURT CUMMINGS
  • Phone: (843) 448-9411

Plan General Information

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is $14,049,670.00.This plan was established in 1996.

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is 1171

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Average Participant Retirement Account Value

In 2003, the average participant retirement account value for AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is $11,998.00

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is $1,817.00.

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is approximately $564.00
Investing in this additonal $564.00 for 20 years would give you extra $36,132.00, assuming a 10% annual return.

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Total Employer Contribution and Match Rate

In 2003, AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES allocates $661,110.00 to match its employees' contributions, providing an employer match rate of 62.13% of their contributions

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is 36.04%.

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is 24.31%. This measures the effectiveness of the plan participants' investments in the year.

AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES Expense Ratio

In 2003, the investment and administrative expense ratio of AVX CORPORATION 401K PLAN FOR HOURLY-PAID EMPLOYEES is 0.65%.

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