EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION
Plan Contact
- Contact person: TERRY L. TROUPE
- Phone: (410) 237-5900
Plan General Information
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Total Retirement Plan Assets
At the end of 2005, the total retirement plan assets of EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is $247,290,928.00.This plan was established in 1951.
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Total Number of Retirement Plan Participants
At the end of 2005, the total number of retirement plan participants in EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is 3873
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Average Participant Retirement Account Value
In 2005, the average participant retirement account value for EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is $63,849.00
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Estimated Average Employee Contribution Amount
In 2005, the estimated average employee contribution amount per participant for EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is $6,345.00.
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Estimated Average Employer Match
In 2005, the estimated average employer match for an employee in EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is approximately $2,301.00
Investing in this additonal $2,301.00 for 20 years would give you extra $147,280.00, assuming a 10% annual return.
Investing in this additonal $2,301.00 for 20 years would give you extra $147,280.00, assuming a 10% annual return.
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Total Employer Contribution and Match Rate
In 2005, EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION allocates $8,912,770.00 to match its employees' contributions, providing an employer match rate of 72.53% of their contributions
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Total Retirement Plan Asset Growth Rate
In 2005, the total retirement plan asset growth rate of EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is 7.38%.
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Estimated Aggregate Retirement Account Investment Gain/Loss
In 2005, the estimated aggregate retirement account investment gain/loss for EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is 5.27%. This measures the effectiveness of the plan participants' investments in the year.
EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION Expense Ratio
In 2005, the investment and administrative expense ratio of EMPLOYEES THRIFT PLAN OF MERCANTILE BANKSHARES CORPORATION is 0.00%.
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