RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN

Plan Contact

  • Phone: (740) 782-1314

Plan General Information

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2008, the total retirement plan assets of RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is $4,981,711.00.This plan was established in 1993.

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2008, the total number of retirement plan participants in RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is 136

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2008, the average participant retirement account value for RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is $36,630.00

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is $5,848.00.

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2008, the estimated average employer match for an employee in RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is approximately $816.00
Investing in this additonal $816.00 for 20 years would give you extra $52,271.00, assuming a 10% annual return.

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2008, RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN allocates $111,076.00 to match its employees' contributions, providing an employer match rate of 27.93% of their contributions

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2008, the total retirement plan asset growth rate of RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is -42.32%.

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2008, the estimated aggregate retirement account investment gain/loss for RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is -38.81%. This measures the effectiveness of the plan participants' investments in the year.

RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN Expense Ratio

In 2008, the investment and administrative expense ratio of RECO EQUIPMENT, INC. 401K RETIREMENT SAVINGS PLAN is 0.40%.

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