READER-CITY PAPER RETIREMENT PLAN
Plan Contact
- Contact person: ANGELA LAFON
- Phone: (312) 828-0350
Plan General Information
READER-CITY PAPER RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of READER-CITY PAPER RETIREMENT PLAN is $13,584,922.00.This plan was established in 1979.
READER-CITY PAPER RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in READER-CITY PAPER RETIREMENT PLAN is 391
READER-CITY PAPER RETIREMENT PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for READER-CITY PAPER RETIREMENT PLAN is $34,744.00
READER-CITY PAPER RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for READER-CITY PAPER RETIREMENT PLAN is $473.00.
READER-CITY PAPER RETIREMENT PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in READER-CITY PAPER RETIREMENT PLAN is approximately $1,883.00
Investing in this additonal $1,883.00 for 20 years would give you extra $120,545.00, assuming a 10% annual return.
Investing in this additonal $1,883.00 for 20 years would give you extra $120,545.00, assuming a 10% annual return.
READER-CITY PAPER RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2007, READER-CITY PAPER RETIREMENT PLAN allocates $736,460.00 to match its employees' contributions, providing an employer match rate of 795.57% of their contributions
READER-CITY PAPER RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of READER-CITY PAPER RETIREMENT PLAN is -6.79%.
READER-CITY PAPER RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for READER-CITY PAPER RETIREMENT PLAN is 7.78%. This measures the effectiveness of the plan participants' investments in the year.
READER-CITY PAPER RETIREMENT PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of READER-CITY PAPER RETIREMENT PLAN is 0.01%.
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