IC EMPLOYEE LEASING LLC 401(K) PLAN

Plan Contact

  • Address: 25 WANSER AVENUE,INWOOD,NY
  • Contact person: LORI CIMATO
  • Phone: (516) 239-1100

Plan General Information

IC EMPLOYEE LEASING LLC 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of IC EMPLOYEE LEASING LLC 401(K) PLAN is $6,797,180.00.This plan was established in 2002.

IC EMPLOYEE LEASING LLC 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in IC EMPLOYEE LEASING LLC 401(K) PLAN is 232

IC EMPLOYEE LEASING LLC 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for IC EMPLOYEE LEASING LLC 401(K) PLAN is $29,298.00

IC EMPLOYEE LEASING LLC 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for IC EMPLOYEE LEASING LLC 401(K) PLAN is $1,642.00.

IC EMPLOYEE LEASING LLC 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in IC EMPLOYEE LEASING LLC 401(K) PLAN is approximately $759.00
Investing in this additonal $759.00 for 20 years would give you extra $48,620.00, assuming a 10% annual return.

IC EMPLOYEE LEASING LLC 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, IC EMPLOYEE LEASING LLC 401(K) PLAN allocates $176,249.00 to match its employees' contributions, providing an employer match rate of 48.90% of their contributions

IC EMPLOYEE LEASING LLC 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of IC EMPLOYEE LEASING LLC 401(K) PLAN is 10.61%.

IC EMPLOYEE LEASING LLC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for IC EMPLOYEE LEASING LLC 401(K) PLAN is 12.91%. This measures the effectiveness of the plan participants' investments in the year.

IC EMPLOYEE LEASING LLC 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of IC EMPLOYEE LEASING LLC 401(K) PLAN is 0.60%.

Enrollment Features

IC EMPLOYEE LEASING LLC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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