BEST CLEANERS, INC. RETIREMENT PLAN
Plan Contact
- Address: 522 SOUTH MAIN ST,MIDDLETOWN,CT
- Contact person: WILLIAM MCCANN
- Phone: (860) 346-1718
Plan General Information
BEST CLEANERS, INC. RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of BEST CLEANERS, INC. RETIREMENT PLAN is $2,222,910.00.This plan was established in 1989.
BEST CLEANERS, INC. RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in BEST CLEANERS, INC. RETIREMENT PLAN is 108
BEST CLEANERS, INC. RETIREMENT PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for BEST CLEANERS, INC. RETIREMENT PLAN is $20,582.00
BEST CLEANERS, INC. RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for BEST CLEANERS, INC. RETIREMENT PLAN is $628.00.
BEST CLEANERS, INC. RETIREMENT PLAN Estimated Average Employer Match
In 2011, the estimated average employer match for an employee in BEST CLEANERS, INC. RETIREMENT PLAN is approximately $1,132.00
Investing in this additonal $1,132.00 for 20 years would give you extra $72,501.00, assuming a 10% annual return.
Investing in this additonal $1,132.00 for 20 years would give you extra $72,501.00, assuming a 10% annual return.
BEST CLEANERS, INC. RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2011, BEST CLEANERS, INC. RETIREMENT PLAN allocates $122,347.00 to match its employees' contributions, providing an employer match rate of 360.37% of their contributions
BEST CLEANERS, INC. RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of BEST CLEANERS, INC. RETIREMENT PLAN is 0.61%.
BEST CLEANERS, INC. RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for BEST CLEANERS, INC. RETIREMENT PLAN is -2.55%. This measures the effectiveness of the plan participants' investments in the year.
BEST CLEANERS, INC. RETIREMENT PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of BEST CLEANERS, INC. RETIREMENT PLAN is 0.51%.
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