THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION

Plan Contact

  • Contact person: DIYA OBEID
  • Phone: (212) 306-0100

Plan General Information

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is $2,875,325.00.This plan was established in 1995.

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is 182

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Average Participant Retirement Account Value

In 2003, the average participant retirement account value for THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is $15,798.00

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is $4,142.00.

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is approximately $18.00
Investing in this additonal $18.00 for 20 years would give you extra $1,156.00, assuming a 10% annual return.

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Total Employer Contribution and Match Rate

In 2003, THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION allocates $3,289.00 to match its employees' contributions, providing an employer match rate of 0.87% of their contributions

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is 20.74%.

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is 18.21%. This measures the effectiveness of the plan participants' investments in the year.

THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION Expense Ratio

In 2003, the investment and administrative expense ratio of THE 401 K PROFIT SHARING PLAN OF ALGOMOD CORPORATION is 0.21%.

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