BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES

Plan Contact

  • Contact person: NEIL E. GLICKSTEIN, VP & CFO
  • Phone: (610) 253-6271

Plan General Information

BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES is 710

BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES is $3,320.00.

BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES is approximately $819.00
Investing in this additonal $819.00 for 20 years would give you extra $52,441.00, assuming a 10% annual return.

BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES Total Employer Contribution and Match Rate

In 2000, BINNEY & SMITH INC EMPLOYEES SAVINGS PLAN FOR NON-SALARIED EMPLOYEES allocates $581,777.00 to match its employees' contributions, providing an employer match rate of 49.36% of their contributions

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