GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K

Plan Contact

  • Contact person: JOHN KRAWCZYNSKI
  • Phone: (860) 644-1551

Plan General Information

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Total Retirement Plan Assets

At the end of 2006, the total retirement plan assets of GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is $68,961,428.00.This plan was established in 1985.

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Total Number of Retirement Plan Participants

At the end of 2006, the total number of retirement plan participants in GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is 1210

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Average Participant Retirement Account Value

In 2006, the average participant retirement account value for GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is $56,992.00

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is $6,622.00.

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Estimated Average Employer Match

In 2006, the estimated average employer match for an employee in GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is approximately $986.00
Investing in this additonal $986.00 for 20 years would give you extra $63,115.00, assuming a 10% annual return.

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Total Employer Contribution and Match Rate

In 2006, GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K allocates $1,193,275.00 to match its employees' contributions, providing an employer match rate of 29.78% of their contributions

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Total Retirement Plan Asset Growth Rate

In 2006, the total retirement plan asset growth rate of GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is 13.14%.

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Estimated Aggregate Retirement Account Investment Gain/Loss

In 2006, the estimated aggregate retirement account investment gain/loss for GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is 13.59%. This measures the effectiveness of the plan participants' investments in the year.

GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K Expense Ratio

In 2006, the investment and administrative expense ratio of GERBER SCIENTIFIC, INC. & SUBS MAX ADVANTAGE PROG & TRUST 401K is 0.02%.

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