THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES

Plan Contact

  • Contact person: HARRY ALVIA
  • Phone: (212) 833-6200

Plan General Information

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Total Retirement Plan Assets

At the end of 2001, the total retirement plan assets of THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is $22,860,956.00.This plan was established in 1986.

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is 1228

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Average Participant Retirement Account Value

In 2001, the average participant retirement account value for THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is $18,616.00

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is $3,046.00.

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is approximately $612.00
Investing in this additonal $612.00 for 20 years would give you extra $39,206.00, assuming a 10% annual return.

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Total Employer Contribution and Match Rate

In 2001, THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES allocates $752,280.00 to match its employees' contributions, providing an employer match rate of 40.22% of their contributions

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2001, the total retirement plan asset growth rate of THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is -10.03%.

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2001, the estimated aggregate retirement account investment gain/loss for THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is -7.30%. This measures the effectiveness of the plan participants' investments in the year.

THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES Expense Ratio

In 2001, the investment and administrative expense ratio of THE PROFIT SHARING AND 401K SAVINGS PLAN FOR LOEWS CINEPLEX ENTERTAINMENT SALARIED EMPLOYEES is 0.18%.

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