VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN
Plan Contact
- Contact person: KEVIN BRENNY
- Phone: (763) 428-2242
Plan General Information
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is $16,255,039.00.This plan was established in 1993.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is 536
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is $30,326.00
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is $5,453.00.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is approximately $370.00
Investing in this additonal $370.00 for 20 years would give you extra $23,684.00, assuming a 10% annual return.
Investing in this additonal $370.00 for 20 years would give you extra $23,684.00, assuming a 10% annual return.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2007, VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN allocates $198,355.00 to match its employees' contributions, providing an employer match rate of 13.57% of their contributions
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is 16.25%.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is 9.43%. This measures the effectiveness of the plan participants' investments in the year.
VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of VEIT COMPANIES 401K SALARY SAVINGS AND PROFIT SHARING PLAN is 0.25%.
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