KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST

Plan Contact

  • Address: II CITY PLAZA 400 CONVENTION STREET,,BATON ROUGE,LA
  • Contact person: SHARON SCHEXNAIDER
  • Phone: (225) 387-0999

Plan General Information

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is $144,882,468.00.This plan was established in 1968.

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is 405

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is $357,734.00

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is $8,676.00.

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is approximately $10,043.00
Investing in this additonal $10,043.00 for 20 years would give you extra $642,753.00, assuming a 10% annual return.

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Total Employer Contribution and Match Rate

In 2023, KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST allocates $4,067,423.00 to match its employees' contributions, providing an employer match rate of 118.54% of their contributions

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is 23.04%.

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is 19.46%. This measures the effectiveness of the plan participants' investments in the year.

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST is 0.03%.

Enrollment Features

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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