JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN

Plan Contact

  • Contact person: JAMES M. COX
  • Phone: (757) 357-8101

Plan General Information

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2008, the total retirement plan assets of JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is $81,943,282.00.This plan was established in 1989.

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2008, the total number of retirement plan participants in JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is 5886

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Average Participant Retirement Account Value

In 2008, the average participant retirement account value for JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is $13,921.00

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is $3,340.00.

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Estimated Average Employer Match

In 2008, the estimated average employer match for an employee in JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is approximately $515.00
Investing in this additonal $515.00 for 20 years would give you extra $32,960.00, assuming a 10% annual return.

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2008, JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN allocates $3,031,311.00 to match its employees' contributions, providing an employer match rate of 30.83% of their contributions

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2008, the total retirement plan asset growth rate of JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is -21.10%.

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2008, the estimated aggregate retirement account investment gain/loss for JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is -22.86%. This measures the effectiveness of the plan participants' investments in the year.

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN Expense Ratio

In 2008, the investment and administrative expense ratio of JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN is 0.05%.

Enrollment Features

JOHN MORRELL & CO SALARIED EMPLOYEE INCENTIVE SAVINGS PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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