COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN

Plan Contact

  • Contact person: MICHAEL W. REED
  • Phone: (616) 459-1161

Plan General Information

COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN is 195

COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN is $4,331.00.

COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN is approximately $676.00
Investing in this additonal $676.00 for 20 years would give you extra $43,280.00, assuming a 10% annual return.

COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN Total Employer Contribution and Match Rate

In 2002, COMMERCIAL EQUIPMENT COMPANY EMPLOYEE BENEFIT PLAN allocates $131,869.00 to match its employees' contributions, providing an employer match rate of 31.22% of their contributions

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