FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K

Plan Contact

  • Contact person: LENORE P. DENYS
  • Phone: (313) 259-2600

Plan General Information

FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K is 172

FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K is $3,186.00.

FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K is approximately $242.00
Investing in this additonal $242.00 for 20 years would give you extra $15,504.00, assuming a 10% annual return.

FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K Total Employer Contribution and Match Rate

In 2002, FIRST OF MICHIGAN, A DIVISION OF FAHNESTOCK & CO. INC. CAPITAL ACCUMULATION PLAN 401K allocates $41,668.00 to match its employees' contributions, providing an employer match rate of 15.21% of their contributions

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