SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES

Plan Contact

  • Contact person: JAMES G. SCHARL
  • Phone: (330) 374-2900

Plan General Information

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is $3,589,235.00.This plan was established in 2004.

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is 110

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2004, the average participant retirement account value for SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is $32,629.00

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is $4,659.00.

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is approximately $1,771.00
Investing in this additonal $1,771.00 for 20 years would give you extra $113,360.00, assuming a 10% annual return.

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate

In 2004, SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES allocates $194,839.00 to match its employees' contributions, providing an employer match rate of 76.03% of their contributions

SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES Expense Ratio

In 2004, the investment and administrative expense ratio of SOVEREIGN SPECIALTY CHEMICAL INC. 401K PROFIT SHARRING PLAN FOR UNION EMPLOYEES is 0.05%.

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