DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES
Plan Contact
- Contact person: JOHN A. WTLLTAMS
- Phone: (402) 342-1043
Plan General Information
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is $2,352,364.00.This plan was established in 1970.
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is 131
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Average Participant Retirement Account Value
In 2002, the average participant retirement account value for DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is $17,956.00
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is $1,611.00.
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is approximately $1,159.00
Investing in this additonal $1,159.00 for 20 years would give you extra $74,209.00, assuming a 10% annual return.
Investing in this additonal $1,159.00 for 20 years would give you extra $74,209.00, assuming a 10% annual return.
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Total Employer Contribution and Match Rate
In 2002, DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES allocates $151,898.00 to match its employees' contributions, providing an employer match rate of 143.94% of their contributions
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is -21.11%.
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is -16.07%. This measures the effectiveness of the plan participants' investments in the year.
DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES Expense Ratio
In 2002, the investment and administrative expense ratio of DRAKE-WILLIAMS STEEL, INC. PROFIT SHARING PLAN FOR EMPLOYEES is 1.19%.
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