MERITEX AND AFFILIATES 401K PLAN
Plan Contact
- Contact person: THOMAS HOTOVEC
- Phone: (651) 855-9700
Plan General Information
MERITEX AND AFFILIATES 401K PLAN Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of MERITEX AND AFFILIATES 401K PLAN is $10,075,822.00.This plan was established in 1995.
MERITEX AND AFFILIATES 401K PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in MERITEX AND AFFILIATES 401K PLAN is 129
MERITEX AND AFFILIATES 401K PLAN Average Participant Retirement Account Value
In 2008, the average participant retirement account value for MERITEX AND AFFILIATES 401K PLAN is $78,107.00
MERITEX AND AFFILIATES 401K PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for MERITEX AND AFFILIATES 401K PLAN is $7,868.00.
MERITEX AND AFFILIATES 401K PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in MERITEX AND AFFILIATES 401K PLAN is approximately $4,041.00
Investing in this additonal $4,041.00 for 20 years would give you extra $258,682.00, assuming a 10% annual return.
Investing in this additonal $4,041.00 for 20 years would give you extra $258,682.00, assuming a 10% annual return.
MERITEX AND AFFILIATES 401K PLAN Total Employer Contribution and Match Rate
In 2008, MERITEX AND AFFILIATES 401K PLAN allocates $521,406.00 to match its employees' contributions, providing an employer match rate of 102.73% of their contributions
MERITEX AND AFFILIATES 401K PLAN Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of MERITEX AND AFFILIATES 401K PLAN is -34.86%.
MERITEX AND AFFILIATES 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for MERITEX AND AFFILIATES 401K PLAN is -29.30%. This measures the effectiveness of the plan participants' investments in the year.
MERITEX AND AFFILIATES 401K PLAN Expense Ratio
In 2008, the investment and administrative expense ratio of MERITEX AND AFFILIATES 401K PLAN is 0.01%.
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