THE 401K PROGRAM-HOURLY OF CONE MILLS CORP.

Plan Contact

  • Contact person: TERRY L. WEATHERFORD
  • Phone: (336) 379-6246

Plan General Information

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is $15,387,534.00.This plan was established in 1994.

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is 2059

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Average Participant Retirement Account Value

In 2003, the average participant retirement account value for THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is $7,473.00

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is $1,233.00.

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is approximately $215.00
Investing in this additonal $215.00 for 20 years would give you extra $13,822.00, assuming a 10% annual return.

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Total Employer Contribution and Match Rate

In 2003, THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. allocates $444,697.00 to match its employees' contributions, providing an employer match rate of 35.01% of their contributions

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is 5.23%.

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is 3.70%. This measures the effectiveness of the plan participants' investments in the year.

THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. Expense Ratio

In 2003, the investment and administrative expense ratio of THE 401K PROGRAM-HOURLY OF CONE MILLS CORP. is 0.00%.

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