CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN
Plan Contact
- Contact person: LOUIS E. SIESSER
- Phone: (215) 781-3692
Plan General Information
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is $15,902,005.00.This plan was established in 1984.
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is 324
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is $49,080.00
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is $6,667.00.
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is approximately $1,304.00
Investing in this additonal $1,304.00 for 20 years would give you extra $83,517.00, assuming a 10% annual return.
Investing in this additonal $1,304.00 for 20 years would give you extra $83,517.00, assuming a 10% annual return.
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Total Employer Contribution and Match Rate
In 2007, CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN allocates $422,808.00 to match its employees' contributions, providing an employer match rate of 39.14% of their contributions
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is 14.76%.
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is 8.66%. This measures the effectiveness of the plan participants' investments in the year.
CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of CUMMINS POWER SYSTEMS, INC. 401K SAVINGS PLAN is 0.28%.
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