FRANKS INDUSTRIES RETIREMENT PLAN
Plan Contact
- Contact person: GLENN WEBER
- Phone: (812) 623-1140
Plan General Information
FRANKS INDUSTRIES RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of FRANKS INDUSTRIES RETIREMENT PLAN is $7,814,888.00.This plan was established in 1992.
FRANKS INDUSTRIES RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in FRANKS INDUSTRIES RETIREMENT PLAN is 525
FRANKS INDUSTRIES RETIREMENT PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for FRANKS INDUSTRIES RETIREMENT PLAN is $14,885.00
FRANKS INDUSTRIES RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for FRANKS INDUSTRIES RETIREMENT PLAN is $1,974.00.
FRANKS INDUSTRIES RETIREMENT PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in FRANKS INDUSTRIES RETIREMENT PLAN is approximately $639.00
Investing in this additonal $639.00 for 20 years would give you extra $40,906.00, assuming a 10% annual return.
Investing in this additonal $639.00 for 20 years would give you extra $40,906.00, assuming a 10% annual return.
FRANKS INDUSTRIES RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2007, FRANKS INDUSTRIES RETIREMENT PLAN allocates $335,559.00 to match its employees' contributions, providing an employer match rate of 64.73% of their contributions
FRANKS INDUSTRIES RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of FRANKS INDUSTRIES RETIREMENT PLAN is 5.12%.
FRANKS INDUSTRIES RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for FRANKS INDUSTRIES RETIREMENT PLAN is 8.64%. This measures the effectiveness of the plan participants' investments in the year.
FRANKS INDUSTRIES RETIREMENT PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of FRANKS INDUSTRIES RETIREMENT PLAN is 0.04%.
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