WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST

Plan Contact

  • Contact person: PATRICK T. MURPHY
  • Phone: (203) 578-2273

Plan General Information

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is $81,188,529.00.This plan was established in 1984.

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is 2035

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Average Participant Retirement Account Value

In 2003, the average participant retirement account value for WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is $39,896.00

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is $7,729.00.

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is approximately $1,812.00
Investing in this additonal $1,812.00 for 20 years would give you extra $115,985.00, assuming a 10% annual return.

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Total Employer Contribution and Match Rate

In 2003, WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST allocates $3,687,988.00 to match its employees' contributions, providing an employer match rate of 46.89% of their contributions

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is 45.52%.

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is 24.66%. This measures the effectiveness of the plan participants' investments in the year.

WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST Expense Ratio

In 2003, the investment and administrative expense ratio of WEBSTER BANK EMPLOYEE INVESTMENT PLAN TRUST is 0.03%.

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