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HomeMy WebLinkAbout930996.tiff i! f".. WELD COUNTY RETIREMENT PLAN PRESENTATION TO THE WELD COUNTY RETIREMENT BOARD June 3, 1993 BROCK AND COMPANY CERTIFIED PUBLIC ACCOUNTANTS 930996 j' �lj,'� �C-'l / 1-7 / ��nn lh WELD COUNTY RETIREMENT PLAN INVESTMENTS • 1992 1991 1990 Investments at cost $31,943,508 $29,026,735 $27,392,424 Investments at market value 38,513,368 35,628,367 27,659,703 Investment market value in excess of cost $6,569,860 $6,601,632 $267,279 • BROCK AND COMPANY CERTIFIED PUBLIC ACCOUNTANTS WELD COUNTY RETIREMENT PLAN NET ASSETS AVAILABLE FOR BENEFITS 1992 1991 1990 Net assets available for benefits, Beginning of year $29,768,094 $27,977,533 $26,072,114 Increase in net assets available for benefits during the year 2,616,971 1,790,561 1,905,419 Net assets available for benefits, End of year $32,385,065 $29,768,094 $27,977,533 BROCK AND COMPANY CERTIFIED PUBLIC ACCOUNTANTS WELD COUNTY RETIREMENT PLAN OPERATING REVENUES 1992 1991 1990 Employee contributions $1,183,845 $1,032,318 $960,439 Employer contributions 1,183,845 1,032,318 960,439 Investment income 2,081,606 1,315,805 1,424,273 Total operating revenues $4,449,296 $3,380,441 $3,345,151 • BROCKANDCOMPANY CERTIFIED PUBLIC ACCOUNTANTS WELD COUNTY RETIREMENT PLAN OPERATING EXPENSES 1992 1991 1990 Benefit payments $1,263,671 $1,108,835 $965,072 Refunds to terminated employees 373,280 290,815 311,494 Administrative 195,374 190,230 163,166 Total operating expenses $1,832,325 $1,589,880 $1,439,732 BROCK AND COMPANY CERTIFIED PUBLIC ACCOUNTANTS Hello