SONAT SAVINGS PLAN
Plan Contact
- Contact person: JOEL RICHARDS III, EXEC. VICE PRESI
- Phone: (713) 420-2131
Plan General Information
SONAT SAVINGS PLAN Total Retirement Plan Assets
At the end of 1999, the total retirement plan assets of SONAT SAVINGS PLAN is $139,868,483.00.This plan was established in 1959.
SONAT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 1999, the total number of retirement plan participants in SONAT SAVINGS PLAN is 2333
SONAT SAVINGS PLAN Average Participant Retirement Account Value
In 1999, the average participant retirement account value for SONAT SAVINGS PLAN is $59,952.00
SONAT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 1999, the estimated average employee contribution amount per participant for SONAT SAVINGS PLAN is $8,621.00.
SONAT SAVINGS PLAN Estimated Average Employer Match
In 1999, the estimated average employer match for an employee in SONAT SAVINGS PLAN is approximately $2,423.00
Investing in this additonal $2,423.00 for 20 years would give you extra $155,119.00, assuming a 10% annual return.
Investing in this additonal $2,423.00 for 20 years would give you extra $155,119.00, assuming a 10% annual return.
SONAT SAVINGS PLAN Total Employer Contribution and Match Rate
In 1999, SONAT SAVINGS PLAN allocates $5,654,585.00 to match its employees' contributions, providing an employer match rate of 56.23% of their contributions
SONAT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 1999, the total retirement plan asset growth rate of SONAT SAVINGS PLAN is 24.28%.
SONAT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 1999, the estimated aggregate retirement account investment gain/loss for SONAT SAVINGS PLAN is 36.29%. This measures the effectiveness of the plan participants' investments in the year.
SONAT SAVINGS PLAN Expense Ratio
In 1999, the investment and administrative expense ratio of SONAT SAVINGS PLAN is 0.00%.
Enrollment Features
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