REPUBLIC BANCORP PROFIT SHARING PLAN

Plan Contact

  • Contact person: IN SIPES, EXECUTIVE VICE PRES
  • Phone: (502) 584-3600

Plan General Information

REPUBLIC BANCORP PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of REPUBLIC BANCORP PROFIT SHARING PLAN is $20,294,604.00.This plan was established in 1985.

REPUBLIC BANCORP PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in REPUBLIC BANCORP PROFIT SHARING PLAN is 723

REPUBLIC BANCORP PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for REPUBLIC BANCORP PROFIT SHARING PLAN is $28,069.00

REPUBLIC BANCORP PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for REPUBLIC BANCORP PROFIT SHARING PLAN is $5,193.00.

REPUBLIC BANCORP PROFIT SHARING PLAN Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in REPUBLIC BANCORP PROFIT SHARING PLAN is approximately $1,108.00
Investing in this additonal $1,108.00 for 20 years would give you extra $70,949.00, assuming a 10% annual return.

REPUBLIC BANCORP PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2004, REPUBLIC BANCORP PROFIT SHARING PLAN allocates $801,506.00 to match its employees' contributions, providing an employer match rate of 42.69% of their contributions

REPUBLIC BANCORP PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of REPUBLIC BANCORP PROFIT SHARING PLAN is 33.38%.

REPUBLIC BANCORP PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for REPUBLIC BANCORP PROFIT SHARING PLAN is 17.43%. This measures the effectiveness of the plan participants' investments in the year.

REPUBLIC BANCORP PROFIT SHARING PLAN Expense Ratio

In 2004, the investment and administrative expense ratio of REPUBLIC BANCORP PROFIT SHARING PLAN is 0.03%.

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