GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST

Plan Contact

  • Contact person: JON B. MYERS
  • Phone: (419) 533-7701

Plan General Information

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Total Retirement Plan Assets

At the end of 2002, the total retirement plan assets of GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is $1,619,767.00.This plan was established in 1996.

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2002, the total number of retirement plan participants in GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is 175

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Average Participant Retirement Account Value

In 2002, the average participant retirement account value for GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is $9,255.00

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is $3,079.00.

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Estimated Average Employer Match

In 2002, the estimated average employer match for an employee in GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is approximately $724.00
Investing in this additonal $724.00 for 20 years would give you extra $46,351.00, assuming a 10% annual return.

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Total Employer Contribution and Match Rate

In 2002, GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST allocates $126,742.00 to match its employees' contributions, providing an employer match rate of 47.04% of their contributions

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2002, the total retirement plan asset growth rate of GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is 2.88%.

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2002, the estimated aggregate retirement account investment gain/loss for GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is -17.74%. This measures the effectiveness of the plan participants' investments in the year.

GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST Expense Ratio

In 2002, the investment and administrative expense ratio of GERKEN MATERIALS, INC. RETIREMENT SAVINGS PLAN & TRUST is 0.00%.

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