PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES
Plan Contact
- Contact person: PHILIP CA
- Phone: (516) 626-9200
Plan General Information
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is $28,960,496.00.This plan was established in 1990.
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is 177
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Average Participant Retirement Account Value
In 2007, the average participant retirement account value for PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is $163,618.00
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is $10,460.00.
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is approximately $11,708.00
Investing in this additonal $11,708.00 for 20 years would give you extra $749,319.00, assuming a 10% annual return.
Investing in this additonal $11,708.00 for 20 years would give you extra $749,319.00, assuming a 10% annual return.
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Total Employer Contribution and Match Rate
In 2007, PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES allocates $2,072,338.00 to match its employees' contributions, providing an employer match rate of 223.86% of their contributions
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is 11.93%.
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is 8.00%. This measures the effectiveness of the plan participants' investments in the year.
PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES Expense Ratio
In 2007, the investment and administrative expense ratio of PROFIT SHARING/401K PLAN OF BANFI PRODUCTS CORPORATION AND AFFILIATED COMPANIES is 0.00%.
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