L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN

Plan Contact

  • Address: 4420 CLUBVIEW DRIVE,FORT WAYNE,IN
  • Contact person: WARREN D. BREHM
  • Phone: (260) 432-5563

Plan General Information

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $22,156,707.00.This plan was established in 2022.

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 329

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $67,345.00

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $3,077.00.

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is approximately $258.00
Investing in this additonal $258.00 for 20 years would give you extra $16,549.00, assuming a 10% annual return.

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Employer Contribution and Match Rate

In 2021, L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN allocates $85,076.00 to match its employees' contributions, providing an employer match rate of 8.40% of their contributions

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 13.72%.

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 14.03%. This measures the effectiveness of the plan participants' investments in the year.

L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of L H CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 0.05%.

Enrollment Features

L H CARBIDE PROFIT SHARING & SALARY SAVINGS 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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