CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN

Plan Contact

  • Contact person: SANDRAHOSBORN
  • Phone: (810) 257-2382

Plan General Information

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is $147,061,444.00.This plan was established in 1989.

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is 2920

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Average Participant Retirement Account Value

In 2000, the average participant retirement account value for CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is $50,363.00

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is $4,726.00.

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is approximately $1,169.00
Investing in this additonal $1,169.00 for 20 years would give you extra $74,820.00, assuming a 10% annual return.

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Total Employer Contribution and Match Rate

In 2000, CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN allocates $3,413,685.00 to match its employees' contributions, providing an employer match rate of 49.47% of their contributions

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is 35.75%.

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is 37.94%. This measures the effectiveness of the plan participants' investments in the year.

CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN Expense Ratio

In 2000, the investment and administrative expense ratio of CITIZENS BANKING CORPORATION AMENDED & RESTATED SECTION 401K PLAN is 0.04%.

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