SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES
Plan Contact
- Contact person: RAOUL CAVANNA
- Phone: (864) 585-5211
Plan General Information
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Retirement Plan Assets
At the end of 2008, the total retirement plan assets of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is $5,024,192.00.This plan was established in 1986.
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2008, the total number of retirement plan participants in SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is 153
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Average Participant Retirement Account Value
In 2008, the average participant retirement account value for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is $32,837.00
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Estimated Average Employee Contribution Amount
In 2008, the estimated average employee contribution amount per participant for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is $5,720.00.
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Estimated Average Employer Match
In 2008, the estimated average employer match for an employee in SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is approximately $250.00
Investing in this additonal $250.00 for 20 years would give you extra $16,052.00, assuming a 10% annual return.
Investing in this additonal $250.00 for 20 years would give you extra $16,052.00, assuming a 10% annual return.
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Employer Contribution and Match Rate
In 2008, SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES allocates $38,376.00 to match its employees' contributions, providing an employer match rate of 8.77% of their contributions
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2008, the total retirement plan asset growth rate of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is -14.86%.
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2008, the estimated aggregate retirement account investment gain/loss for SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is -19.66%. This measures the effectiveness of the plan participants' investments in the year.
SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES Expense Ratio
In 2008, the investment and administrative expense ratio of SPARTANBURG STEEL PRODUCTS, INC. 401K SAVINGS & INVESTMENT PLAN FOR SALARIED EMPLOYEES is 0.01%.
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