NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN
Plan Contact
- Contact person: QRY,,N*--( 0. 04PNTQ-AV
- Phone: (207) 777-6411
Plan General Information
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is $5,210,957.00.This plan was established in 1983.
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is 279
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Average Participant Retirement Account Value
In 2008, the average participant retirement account value for NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is $18,677.00
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is $5,397.00.
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is approximately $987.00
Investing in this additonal $987.00 for 20 years would give you extra $63,193.00, assuming a 10% annual return.
Investing in this additonal $987.00 for 20 years would give you extra $63,193.00, assuming a 10% annual return.
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2008, NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN allocates $275,483.00 to match its employees' contributions, providing an employer match rate of 36.59% of their contributions
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is -25.00%.
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is -31.08%. This measures the effectiveness of the plan participants' investments in the year.
NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN Expense Ratio
In 2008, the investment and administrative expense ratio of NORTHEAST BANCORP 401K SAVINGS & RETIREMENT PLAN is 0.62%.
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