BOONE DRUGS, INC. SAVINGS PLUS PLAN

Plan Contact

  • Address: 345 DEERFIELD ROAD,BOONE,NC
  • Phone: (828) 264-9233

Plan General Information

BOONE DRUGS, INC. SAVINGS PLUS PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of BOONE DRUGS, INC. SAVINGS PLUS PLAN is $8,725,109.00.This plan was established in 1989.

BOONE DRUGS, INC. SAVINGS PLUS PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in BOONE DRUGS, INC. SAVINGS PLUS PLAN is 219

BOONE DRUGS, INC. SAVINGS PLUS PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for BOONE DRUGS, INC. SAVINGS PLUS PLAN is $39,840.00

BOONE DRUGS, INC. SAVINGS PLUS PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for BOONE DRUGS, INC. SAVINGS PLUS PLAN is $3,136.00.

BOONE DRUGS, INC. SAVINGS PLUS PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in BOONE DRUGS, INC. SAVINGS PLUS PLAN is approximately $533.00
Investing in this additonal $533.00 for 20 years would give you extra $34,121.00, assuming a 10% annual return.

BOONE DRUGS, INC. SAVINGS PLUS PLAN Total Employer Contribution and Match Rate

In 2017, BOONE DRUGS, INC. SAVINGS PLUS PLAN allocates $116,760.00 to match its employees' contributions, providing an employer match rate of 34.00% of their contributions

BOONE DRUGS, INC. SAVINGS PLUS PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of BOONE DRUGS, INC. SAVINGS PLUS PLAN is 15.45%.

BOONE DRUGS, INC. SAVINGS PLUS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for BOONE DRUGS, INC. SAVINGS PLUS PLAN is 13.96%. This measures the effectiveness of the plan participants' investments in the year.

BOONE DRUGS, INC. SAVINGS PLUS PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of BOONE DRUGS, INC. SAVINGS PLUS PLAN is 0.19%.

Enrollment Features

BOONE DRUGS, INC. SAVINGS PLUS 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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