COCONUT GROVE BANK 401K PLAN
Plan Contact
- Contact person: DAVID DAVIDOFF
- Phone: (305) 858-6666
Plan General Information
COCONUT GROVE BANK 401K PLAN Total Retirement Plan Assets
At the end of 2006, the total retirement plan assets of COCONUT GROVE BANK 401K PLAN is $4,980,329.00.This plan was established in 1987.
COCONUT GROVE BANK 401K PLAN Total Number of Retirement Plan Participants
At the end of 2006, the total number of retirement plan participants in COCONUT GROVE BANK 401K PLAN is 139
COCONUT GROVE BANK 401K PLAN Average Participant Retirement Account Value
In 2006, the average participant retirement account value for COCONUT GROVE BANK 401K PLAN is $35,829.00
COCONUT GROVE BANK 401K PLAN Estimated Average Employee Contribution Amount
In 2006, the estimated average employee contribution amount per participant for COCONUT GROVE BANK 401K PLAN is $4,289.00.
COCONUT GROVE BANK 401K PLAN Estimated Average Employer Match
In 2006, the estimated average employer match for an employee in COCONUT GROVE BANK 401K PLAN is approximately $2,004.00
Investing in this additonal $2,004.00 for 20 years would give you extra $128,309.00, assuming a 10% annual return.
Investing in this additonal $2,004.00 for 20 years would give you extra $128,309.00, assuming a 10% annual return.
COCONUT GROVE BANK 401K PLAN Total Employer Contribution and Match Rate
In 2006, COCONUT GROVE BANK 401K PLAN allocates $278,673.00 to match its employees' contributions, providing an employer match rate of 93.47% of their contributions
COCONUT GROVE BANK 401K PLAN Total Retirement Plan Asset Growth Rate
In 2006, the total retirement plan asset growth rate of COCONUT GROVE BANK 401K PLAN is 6.67%.
COCONUT GROVE BANK 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2006, the estimated aggregate retirement account investment gain/loss for COCONUT GROVE BANK 401K PLAN is 10.71%. This measures the effectiveness of the plan participants' investments in the year.
COCONUT GROVE BANK 401K PLAN Expense Ratio
In 2006, the investment and administrative expense ratio of COCONUT GROVE BANK 401K PLAN is 0.05%.
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