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Author: BradRamsey Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25223  
Subject: Re: How to read a 401(K) Summary Annual Report? Date: 12/19/2001 9:06 AM
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>2. I assume your ending asset date should have been 1/1/01. A 15% investment loss would have been standard in an employee directed account for 2000.

The dates are Jan 1, 2000 through December 31, 2000. So the 15% loss is for year 2000, which you noted as standard for that year.

>3. I'm not sure where you are getting the 25,866 number, that is not disclosed on a SAR.

The number was not disclosed on the SAR. However, from the Summary Plan Description, I know the employer match is $1500 regardless of salary and the SAR states the employer contribution. Using these two, I estimated the active employed participants.

>4. $6600 is a lot for an average deferral

The employee contributions were $171,869,636 and there's 35,496 participants and benificiaries. That's about $4800 per employee.

I originally used 25,866 because that's what I estimated for the active employed participants using the employer match. This works to about $6600.

Thanks for your reply. I'll try to obtain the full annual report (as long as it's free).
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