THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES

Plan Contact

  • Address: 2828 N HARWOOD SUITE 1300,DALLAS,TX
  • Contact person: TRACY WALTERS
  • Phone: (214) 871-3848

Plan General Information

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is $314,977,007.00.This plan was established in 1969.

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is 2630

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Average Participant Retirement Account Value

In 2011, the average participant retirement account value for THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is $119,763.00

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is $9,570.00.

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is approximately $5,495.00
Investing in this additonal $5,495.00 for 20 years would give you extra $351,736.00, assuming a 10% annual return.

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Total Employer Contribution and Match Rate

In 2011, THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES allocates $14,454,158.00 to match its employees' contributions, providing an employer match rate of 114.86% of their contributions

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is 86.92%.

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is 90.14%. This measures the effectiveness of the plan participants' investments in the year.

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES Expense Ratio

In 2011, the investment and administrative expense ratio of THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES is 0.03%.

Enrollment Features

THRIFT PLAN FOR EMPLOYEES OF HOLLY CORPORATION, ITS AFFILIATES AND SUBSIDIARIES has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    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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