MIB, INC. RETIREMENT PROGRAM II, PT. B

Plan Contact

  • Contact person: PETER VENETO
  • Phone: (617) 329-4500

Plan General Information

MIB, INC. RETIREMENT PROGRAM II, PT. B Total Retirement Plan Assets

At the end of 2001, the total retirement plan assets of MIB, INC. RETIREMENT PROGRAM II, PT. B is $23,802,599.00.This plan was established in 1978.

MIB, INC. RETIREMENT PROGRAM II, PT. B Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in MIB, INC. RETIREMENT PROGRAM II, PT. B is 201

MIB, INC. RETIREMENT PROGRAM II, PT. B Average Participant Retirement Account Value

In 2001, the average participant retirement account value for MIB, INC. RETIREMENT PROGRAM II, PT. B is $118,420.00

MIB, INC. RETIREMENT PROGRAM II, PT. B Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for MIB, INC. RETIREMENT PROGRAM II, PT. B is $10,122.00.

MIB, INC. RETIREMENT PROGRAM II, PT. B Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in MIB, INC. RETIREMENT PROGRAM II, PT. B is approximately $1,513.00
Investing in this additonal $1,513.00 for 20 years would give you extra $96,873.00, assuming a 10% annual return.

MIB, INC. RETIREMENT PROGRAM II, PT. B Total Employer Contribution and Match Rate

In 2001, MIB, INC. RETIREMENT PROGRAM II, PT. B allocates $304,242.00 to match its employees' contributions, providing an employer match rate of 29.91% of their contributions

MIB, INC. RETIREMENT PROGRAM II, PT. B Total Retirement Plan Asset Growth Rate

In 2001, the total retirement plan asset growth rate of MIB, INC. RETIREMENT PROGRAM II, PT. B is 9.28%.

MIB, INC. RETIREMENT PROGRAM II, PT. B Estimated Aggregate Retirement Account Investment Gain/Loss

In 2001, the estimated aggregate retirement account investment gain/loss for MIB, INC. RETIREMENT PROGRAM II, PT. B is 6.68%. This measures the effectiveness of the plan participants' investments in the year.

MIB, INC. RETIREMENT PROGRAM II, PT. B Expense Ratio

In 2001, the investment and administrative expense ratio of MIB, INC. RETIREMENT PROGRAM II, PT. B is 0.00%.

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