SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS
Plan Contact
- Contact person: THOMAS FORESE JR
- Phone: (978) 345-1061
Plan General Information
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is $2,025,424.00.This plan was established in 1996.
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is 132
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Average Participant Retirement Account Value
In 2002, the average participant retirement account value for SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is $15,344.00
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is $3,810.00.
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is approximately $661.00
Investing in this additonal $661.00 for 20 years would give you extra $42,319.00, assuming a 10% annual return.
Investing in this additonal $661.00 for 20 years would give you extra $42,319.00, assuming a 10% annual return.
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Total Employer Contribution and Match Rate
In 2002, SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS allocates $87,284.00 to match its employees' contributions, providing an employer match rate of 34.71% of their contributions
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is -6.56%.
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is -18.82%. This measures the effectiveness of the plan participants' investments in the year.
SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS Expense Ratio
In 2002, the investment and administrative expense ratio of SBERA 401K PLAN AS ADOPTED BY FITCHBURG SAVINGS is 0.00%.
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