NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES
Plan Contact
- Contact person: RUSSELL BALL
- Phone: (303) 836-7414
Plan General Information
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Total Retirement Plan Assets
At the end of 2004, the total retirement plan assets of NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is $50,161,490.00.This plan was established in 1991.
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2004, the total number of retirement plan participants in NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is 884
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Average Participant Retirement Account Value
In 2004, the average participant retirement account value for NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is $56,743.00
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Estimated Average Employee Contribution Amount
In 2004, the estimated average employee contribution amount per participant for NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is $7,663.00.
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Estimated Average Employer Match
In 2004, the estimated average employer match for an employee in NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is approximately $1,618.00
Investing in this additonal $1,618.00 for 20 years would give you extra $103,565.00, assuming a 10% annual return.
Investing in this additonal $1,618.00 for 20 years would give you extra $103,565.00, assuming a 10% annual return.
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Total Employer Contribution and Match Rate
In 2004, NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES allocates $1,430,503.00 to match its employees' contributions, providing an employer match rate of 42.23% of their contributions
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2004, the total retirement plan asset growth rate of NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is 4.45%.
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2004, the estimated aggregate retirement account investment gain/loss for NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is 4.31%. This measures the effectiveness of the plan participants' investments in the year.
NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES Expense Ratio
In 2004, the investment and administrative expense ratio of NEWMONT RETIREMENT SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES is 0.09%.
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