HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN
Plan Contact
- Contact person: RONALD D. DICKEL, VICE PRESIDENT
- Phone: (231) 894-7923
Plan General Information
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Total Retirement Plan Assets
At the end of 2000, the total retirement plan assets of HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is $35,458,174.00.This plan was established in 1993.
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2000, the total number of retirement plan participants in HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is 4641
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Average Participant Retirement Account Value
In 2000, the average participant retirement account value for HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is $7,640.00
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2000, the estimated average employee contribution amount per participant for HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is $2,980.00.
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Estimated Average Employer Match
In 2000, the estimated average employer match for an employee in HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is approximately $763.00
Investing in this additonal $763.00 for 20 years would give you extra $48,866.00, assuming a 10% annual return.
Investing in this additonal $763.00 for 20 years would give you extra $48,866.00, assuming a 10% annual return.
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Total Employer Contribution and Match Rate
In 2000, HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN allocates $3,543,574.00 to match its employees' contributions, providing an employer match rate of 51.24% of their contributions
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2000, the total retirement plan asset growth rate of HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is 30.63%.
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2000, the estimated aggregate retirement account investment gain/loss for HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is 1.26%. This measures the effectiveness of the plan participants' investments in the year.
HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN Expense Ratio
In 2000, the investment and administrative expense ratio of HOWMET CORP. HOURLY EMPLOYEES SAVINGS PLAN is 0.15%.
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