BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN
Plan Contact
- Contact person: FRANCIS A. CARUSO
- Phone: (856) 778-3766
Plan General Information
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is $3,748,328.00.This plan was established in 1997.
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is 154
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2002, the average participant retirement account value for BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is $24,339.00
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is $8,682.00.
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is approximately $4,042.00
Investing in this additonal $4,042.00 for 20 years would give you extra $258,744.00, assuming a 10% annual return.
Investing in this additonal $4,042.00 for 20 years would give you extra $258,744.00, assuming a 10% annual return.
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2002, BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN allocates $622,605.00 to match its employees' contributions, providing an employer match rate of 93.13% of their contributions
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is 25.44%.
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is -11.36%. This measures the effectiveness of the plan participants' investments in the year.
BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN Expense Ratio
In 2002, the investment and administrative expense ratio of BASIC COMMERCE & INDUSTRIES, INC. 401K & PROFIT SHARING PLAN is 0.71%.
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