KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN

Plan Contact

  • Contact person: JAMES AINSWORTH
  • Phone: (860) 284-7227

Plan General Information

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Total Retirement Plan Assets

At the end of 2007, the total retirement plan assets of KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is $15,035,108.00.This plan was established in 1997.

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2007, the total number of retirement plan participants in KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is 301

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Average Participant Retirement Account Value

In 2007, the average participant retirement account value for KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is $49,950.00

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2007, the estimated average employee contribution amount per participant for KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is $7,512.00.

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Estimated Average Employer Match

In 2007, the estimated average employer match for an employee in KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is approximately $2,789.00
Investing in this additonal $2,789.00 for 20 years would give you extra $178,548.00, assuming a 10% annual return.

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Total Employer Contribution and Match Rate

In 2007, KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN allocates $839,737.00 to match its employees' contributions, providing an employer match rate of 74.28% of their contributions

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2007, the total retirement plan asset growth rate of KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is 12.67%.

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2007, the estimated aggregate retirement account investment gain/loss for KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is 6.58%. This measures the effectiveness of the plan participants' investments in the year.

KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN Expense Ratio

In 2007, the investment and administrative expense ratio of KONOVER & ASSOCIATES, INC. 401K SAVINGS PLAN is 0.01%.

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