PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN
Plan Contact
- Contact person: TOM OLSON
- Phone: (952) 544-3181
Plan General Information
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is $8,640,393.00.This plan was established in 1993.
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is 157
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value
In 2008, the average participant retirement account value for PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is $55,034.00
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is $5,663.00.
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is approximately $942.00
Investing in this additonal $942.00 for 20 years would give you extra $60,291.00, assuming a 10% annual return.
Investing in this additonal $942.00 for 20 years would give you extra $60,291.00, assuming a 10% annual return.
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2008, PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN allocates $147,902.00 to match its employees' contributions, providing an employer match rate of 33.27% of their contributions
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is -38.39%.
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is -33.96%. This measures the effectiveness of the plan participants' investments in the year.
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN Expense Ratio
In 2008, the investment and administrative expense ratio of PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN is 0.14%.
Enrollment Features
PRIME MORTGAGE CORPORATION EMPLOYEE RETIREMENT PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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