NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES

Plan Contact

  • Contact person: G. DENNIS WISEMAN
  • Phone: (814) 766-2211

Plan General Information

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is $95,252,391.00.This plan was established in 1973.

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is 1461

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value

In 2004, the average participant retirement account value for NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is $65,196.00

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is $3,810.00.

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $2,455.00
Investing in this additonal $2,455.00 for 20 years would give you extra $157,149.00, assuming a 10% annual return.

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate

In 2004, NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $3,587,436.00 to match its employees' contributions, providing an employer match rate of 128.89% of their contributions

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is 97.61%.

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is 86.70%. This measures the effectiveness of the plan participants' investments in the year.

NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES Expense Ratio

In 2004, the investment and administrative expense ratio of NEW ENTERPRISE STONE & LIME CO., INC. SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.48%.

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