SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM

Plan Contact

  • Address: 301 ROUTE 17 NORTH, SUITE 500,RUTHERFORD,NJ
  • Contact person: COLLEEN KNUDSEN
  • Phone: (201) 896-3595

Plan General Information

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is $13,782,451.00.This plan was established in 1990.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is 108

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Average Participant Retirement Account Value

In 2014, the average participant retirement account value for SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is $127,615.00

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is $4,825.00.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is approximately $1,567.00
Investing in this additonal $1,567.00 for 20 years would give you extra $100,345.00, assuming a 10% annual return.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Total Employer Contribution and Match Rate

In 2014, SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM allocates $169,333.00 to match its employees' contributions, providing an employer match rate of 64.99% of their contributions

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Total Retirement Plan Asset Growth Rate

In 2014, the total retirement plan asset growth rate of SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is 5.79%.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Estimated Aggregate Retirement Account Investment Gain/Loss

In 2014, the estimated aggregate retirement account investment gain/loss for SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is 8.14%. This measures the effectiveness of the plan participants' investments in the year.

SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM Expense Ratio

In 2014, the investment and administrative expense ratio of SCANDINAVIAN AIRLINES OF NORTH AMERICA INC. 401(K) SAVINGS AND RETIREMENT PROGRAM is 0.02%.

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