SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST
Plan Contact
- Contact person: E. RUSSELL SCHMIDT
- Phone: (810) 949-2000
Plan General Information
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is $278,607.00.This plan was established in 1999.
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is 108
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Average Participant Retirement Account Value
In 2002, the average participant retirement account value for SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is $2,579.00
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is $1,491.00.
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is approximately $114.00
Investing in this additonal $114.00 for 20 years would give you extra $7,333.00, assuming a 10% annual return.
Investing in this additonal $114.00 for 20 years would give you extra $7,333.00, assuming a 10% annual return.
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Total Employer Contribution and Match Rate
In 2002, SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST allocates $12,375.00 to match its employees' contributions, providing an employer match rate of 15.36% of their contributions
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is 14.96%.
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is -15.72%. This measures the effectiveness of the plan participants' investments in the year.
SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST Expense Ratio
In 2002, the investment and administrative expense ratio of SCHMIDT CONTRACTORS INC 401K PROFIT SHARING PLAN && TRUST is 0.00%.
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