NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN

Plan Contact

  • Address: 60 WEST WALTON STREET,CHICAGO,IL
  • Contact person: NANCY CLAAR
  • Phone: (312) 255-3503

Plan General Information

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2010, the total retirement plan assets of NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is $13,043,887.00.This plan was established in 1972.

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2010, the total number of retirement plan participants in NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is 317

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Average Participant Retirement Account Value

In 2010, the average participant retirement account value for NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is $41,147.00

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is $453.00.

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match

In 2010, the estimated average employer match for an employee in NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $618.00
Investing in this additonal $618.00 for 20 years would give you extra $39,560.00, assuming a 10% annual return.

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2010, NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN allocates $195,950.00 to match its employees' contributions, providing an employer match rate of 272.76% of their contributions

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2010, the total retirement plan asset growth rate of NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is 144.72%.

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2010, the estimated aggregate retirement account investment gain/loss for NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is 157.48%. This measures the effectiveness of the plan participants' investments in the year.

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN Expense Ratio

In 2010, the investment and administrative expense ratio of NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN is 0.00%.

Enrollment Features

NEWBERRY LIBRARY DEFINED CONTRIBUTION RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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