PROSPERITY BANK 401K PROFIT SHARI NG PLAN

Plan Contact

  • Phone: (904) 824-9111

Plan General Information

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Total Retirement Plan Assets

At the end of 2008, the total retirement plan assets of PROSPERITY BANK 401K PROFIT SHARI NG PLAN is $5,156,040.00.This plan was established in 2000.

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Total Number of Retirement Plan Participants

At the end of 2008, the total number of retirement plan participants in PROSPERITY BANK 401K PROFIT SHARI NG PLAN is 263

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Average Participant Retirement Account Value

In 2008, the average participant retirement account value for PROSPERITY BANK 401K PROFIT SHARI NG PLAN is $19,604.00

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for PROSPERITY BANK 401K PROFIT SHARI NG PLAN is $6,222.00.

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Estimated Average Employer Match

In 2008, the estimated average employer match for an employee in PROSPERITY BANK 401K PROFIT SHARI NG PLAN is approximately $2,511.00
Investing in this additonal $2,511.00 for 20 years would give you extra $160,727.00, assuming a 10% annual return.

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Total Employer Contribution and Match Rate

In 2008, PROSPERITY BANK 401K PROFIT SHARI NG PLAN allocates $660,488.00 to match its employees' contributions, providing an employer match rate of 80.72% of their contributions

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Total Retirement Plan Asset Growth Rate

In 2008, the total retirement plan asset growth rate of PROSPERITY BANK 401K PROFIT SHARI NG PLAN is -23.18%.

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2008, the estimated aggregate retirement account investment gain/loss for PROSPERITY BANK 401K PROFIT SHARI NG PLAN is -26.81%. This measures the effectiveness of the plan participants' investments in the year.

PROSPERITY BANK 401K PROFIT SHARI NG PLAN Expense Ratio

In 2008, the investment and administrative expense ratio of PROSPERITY BANK 401K PROFIT SHARI NG PLAN is 0.39%.

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