DRIVES, LLC RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 901 19TH AVENUE,FULTON,IL
- Contact person: MARY BUIKEMA
- Phone: (815) 589-2211
Plan General Information
DRIVES, LLC RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2010, the total retirement plan assets of DRIVES, LLC RETIREMENT SAVINGS PLAN is $19,105,340.00.This plan was established in 1979.
DRIVES, LLC RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2010, the total number of retirement plan participants in DRIVES, LLC RETIREMENT SAVINGS PLAN is 432
DRIVES, LLC RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2010, the average participant retirement account value for DRIVES, LLC RETIREMENT SAVINGS PLAN is $44,225.00
DRIVES, LLC RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2010, the estimated average employee contribution amount per participant for DRIVES, LLC RETIREMENT SAVINGS PLAN is $5,415.00.
DRIVES, LLC RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2010, the estimated average employer match for an employee in DRIVES, LLC RETIREMENT SAVINGS PLAN is approximately $1,349.00
Investing in this additonal $1,349.00 for 20 years would give you extra $86,347.00, assuming a 10% annual return.
Investing in this additonal $1,349.00 for 20 years would give you extra $86,347.00, assuming a 10% annual return.
DRIVES, LLC RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2010, DRIVES, LLC RETIREMENT SAVINGS PLAN allocates $582,847.00 to match its employees' contributions, providing an employer match rate of 49.83% of their contributions
DRIVES, LLC RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2010, the total retirement plan asset growth rate of DRIVES, LLC RETIREMENT SAVINGS PLAN is 15.95%.
DRIVES, LLC RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2010, the estimated aggregate retirement account investment gain/loss for DRIVES, LLC RETIREMENT SAVINGS PLAN is 12.44%. This measures the effectiveness of the plan participants' investments in the year.
DRIVES, LLC RETIREMENT SAVINGS PLAN Expense Ratio
In 2010, the investment and administrative expense ratio of DRIVES, LLC RETIREMENT SAVINGS PLAN is 0.38%.
Enrollment Features
DRIVES, LLC RETIREMENT SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
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