NECA SAVINGS PLAN

Plan Contact

  • Contact person: B. J. ELLMERS
  • Phone: (800) 228-8597

Plan General Information

NECA SAVINGS PLAN Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of NECA SAVINGS PLAN is $46,184,739.00.This plan was established in 1987.

NECA SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in NECA SAVINGS PLAN is 613

NECA SAVINGS PLAN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for NECA SAVINGS PLAN is $75,342.00

NECA SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for NECA SAVINGS PLAN is $10,648.00.

NECA SAVINGS PLAN Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in NECA SAVINGS PLAN is approximately $2,112.00
Investing in this additonal $2,112.00 for 20 years would give you extra $135,223.00, assuming a 10% annual return.

NECA SAVINGS PLAN Total Employer Contribution and Match Rate

In 2004, NECA SAVINGS PLAN allocates $1,295,190.00 to match its employees' contributions, providing an employer match rate of 39.68% of their contributions

NECA SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of NECA SAVINGS PLAN is 8.31%.

NECA SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for NECA SAVINGS PLAN is 8.67%. This measures the effectiveness of the plan participants' investments in the year.

NECA SAVINGS PLAN Expense Ratio

In 2004, the investment and administrative expense ratio of NECA SAVINGS PLAN is 0.02%.

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