INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN
Plan Contact
- Contact person: A4/1
- Phone: (704) 782-5137
Plan General Information
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2004, the total retirement plan assets of INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is $533,038.00.This plan was established in 1994.
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2004, the total number of retirement plan participants in INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is 111
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2004, the average participant retirement account value for INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is $4,802.00
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2004, the estimated average employee contribution amount per participant for INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is $2,144.00.
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Estimated Average Employer Match
In 2004, the estimated average employer match for an employee in INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is approximately $53.00
Investing in this additonal $53.00 for 20 years would give you extra $3,427.00, assuming a 10% annual return.
Investing in this additonal $53.00 for 20 years would give you extra $3,427.00, assuming a 10% annual return.
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2004, INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN allocates $5,944.00 to match its employees' contributions, providing an employer match rate of 4.99% of their contributions
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2004, the total retirement plan asset growth rate of INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is -28.25%.
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2004, the estimated aggregate retirement account investment gain/loss for INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is 10.12%. This measures the effectiveness of the plan participants' investments in the year.
INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN Expense Ratio
In 2004, the investment and administrative expense ratio of INDEPENDENT POWER, INC. EMPLOYEE SAVINGS & PROFIT SHARING PLAN is 1.19%.
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