TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 17672 NORTH LAUREL PARK DRIVE,,LIVONIA,MI
- Contact person: DAWN WALKER
- Phone: (248) 675-6000
Plan General Information
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is $33,469,466.00.This plan was established in 2007.
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is 1577
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is $21,223.00
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is $2,802.00.
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2011, the estimated average employer match for an employee in TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is approximately $793.00
Investing in this additonal $793.00 for 20 years would give you extra $50,754.00, assuming a 10% annual return.
Investing in this additonal $793.00 for 20 years would give you extra $50,754.00, assuming a 10% annual return.
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2011, TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN allocates $1,250,631.00 to match its employees' contributions, providing an employer match rate of 56.60% of their contributions
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is 0.87%.
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is -1.22%. This measures the effectiveness of the plan participants' investments in the year.
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN is 0.72%.
Enrollment Features
TOWER AUTOMOTIVE UNION RETIREMENT SAVINGS PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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