THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN
Plan Contact
- Contact person: JOANNE CLARK
- Phone: (203) 367-8675
Plan General Information
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Total Retirement Plan Assets
At the end of 2003, the total retirement plan assets of THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is $21,895,095.00.This plan was established in 1981.
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2003, the total number of retirement plan participants in THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is 453
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Average Participant Retirement Account Value
In 2003, the average participant retirement account value for THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is $48,333.00
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Estimated Average Employee Contribution Amount
In 2003, the estimated average employee contribution amount per participant for THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is $5,901.00.
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Estimated Average Employer Match
In 2003, the estimated average employer match for an employee in THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is approximately $577.00
Investing in this additonal $577.00 for 20 years would give you extra $36,930.00, assuming a 10% annual return.
Investing in this additonal $577.00 for 20 years would give you extra $36,930.00, assuming a 10% annual return.
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Total Employer Contribution and Match Rate
In 2003, THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN allocates $261,397.00 to match its employees' contributions, providing an employer match rate of 19.55% of their contributions
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2003, the total retirement plan asset growth rate of THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is -15.66%.
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2003, the estimated aggregate retirement account investment gain/loss for THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is -13.17%. This measures the effectiveness of the plan participants' investments in the year.
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN Expense Ratio
In 2003, the investment and administrative expense ratio of THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN is 0.11%.
Enrollment Features
THE PMT GROUP INC. PROFIT SHARING 401K PLAN FORMERLY THE PRODUCTO MACHINE COMPANY EMPLOYEES DEFERRED COMPENSATION PROFIT SHARING THRIFT PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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