PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN

Plan Contact

  • Contact person: SHEILA A. GLEASON
  • Phone: (207) 761-8500

Plan General Information

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Total Retirement Plan Assets

At the end of 1999, the total retirement plan assets of PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is $77,596,115.00.This plan was established in 1985.

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Total Number of Retirement Plan Participants

At the end of 1999, the total number of retirement plan participants in PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is 6621

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Average Participant Retirement Account Value

In 1999, the average participant retirement account value for PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is $11,719.00

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Estimated Average Employee Contribution Amount

In 1999, the estimated average employee contribution amount per participant for PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is $2,198.00.

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Estimated Average Employer Match

In 1999, the estimated average employer match for an employee in PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is approximately $339.00
Investing in this additonal $339.00 for 20 years would give you extra $21,726.00, assuming a 10% annual return.

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Total Employer Contribution and Match Rate

In 1999, PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN allocates $2,247,675.00 to match its employees' contributions, providing an employer match rate of 30.88% of their contributions

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Total Retirement Plan Asset Growth Rate

In 1999, the total retirement plan asset growth rate of PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is 15.94%.

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 1999, the estimated aggregate retirement account investment gain/loss for PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is 14.10%. This measures the effectiveness of the plan participants' investments in the year.

PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN Expense Ratio

In 1999, the investment and administrative expense ratio of PEOPLES HERITAGE FINANCIAL GROUP, INC. THRIFT INCENTIVE PLAN is 0.01%.

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