VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN
Plan Contact
- Contact person: MARY SWANSON
- Phone: (763) 428-2242
Plan General Information
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Total Retirement Plan Assets
At the end of 2005, the total retirement plan assets of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is $12,072,872.00.This plan was established in 1993.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Total Number of Retirement Plan Participants
At the end of 2005, the total number of retirement plan participants in VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is 587
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Average Participant Retirement Account Value
In 2005, the average participant retirement account value for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is $20,567.00
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Estimated Average Employee Contribution Amount
In 2005, the estimated average employee contribution amount per participant for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is $4,540.00.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Estimated Average Employer Match
In 2005, the estimated average employer match for an employee in VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is approximately $583.00
Investing in this additonal $583.00 for 20 years would give you extra $37,359.00, assuming a 10% annual return.
Investing in this additonal $583.00 for 20 years would give you extra $37,359.00, assuming a 10% annual return.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Total Employer Contribution and Match Rate
In 2005, VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN allocates $342,658.00 to match its employees' contributions, providing an employer match rate of 25.72% of their contributions
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Total Retirement Plan Asset Growth Rate
In 2005, the total retirement plan asset growth rate of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is 16.00%.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2005, the estimated aggregate retirement account investment gain/loss for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is 10.29%. This measures the effectiveness of the plan participants' investments in the year.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN Expense Ratio
In 2005, the investment and administrative expense ratio of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING LAN is 0.55%.
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