PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 8501 TOWER POINT DRIVE,CHARLOTTE,NC
  • Contact person: DAVID KENNEDY
  • Phone: (704) 815-2200

Plan General Information

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is $5,901,033.00.This plan was established in 1979.

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is 528

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is $11,176.00

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is $1,611.00.

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $46.00
Investing in this additonal $46.00 for 20 years would give you extra $2,996.00, assuming a 10% annual return.

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2009, PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $24,724.00 to match its employees' contributions, providing an employer match rate of 5.81% of their contributions

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is 15.42%.

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is 13.46%. This measures the effectiveness of the plan participants' investments in the year.

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.01%.

Enrollment Features

PERFECT FIT INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS 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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