L & T TECHNOLOGY SERVICES 401(K) PLAN
Plan Contact
- Address: 2035 LINCOLN HWY,EDISON,NJ
- Contact person: ANTHONY WARD AS ATTORNEY
- Phone: (732) 248-6336
Plan General Information
L & T TECHNOLOGY SERVICES 401(K) PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of L & T TECHNOLOGY SERVICES 401(K) PLAN is $14,071,419.00.This plan was established in 2018.
L & T TECHNOLOGY SERVICES 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in L & T TECHNOLOGY SERVICES 401(K) PLAN is 2268
L & T TECHNOLOGY SERVICES 401(K) PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for L & T TECHNOLOGY SERVICES 401(K) PLAN is $6,204.00
L & T TECHNOLOGY SERVICES 401(K) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for L & T TECHNOLOGY SERVICES 401(K) PLAN is $3,132.00.
L & T TECHNOLOGY SERVICES 401(K) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in L & T TECHNOLOGY SERVICES 401(K) PLAN is approximately $328.00
Investing in this additonal $328.00 for 20 years would give you extra $21,034.00, assuming a 10% annual return.
Investing in this additonal $328.00 for 20 years would give you extra $21,034.00, assuming a 10% annual return.
L & T TECHNOLOGY SERVICES 401(K) PLAN Total Employer Contribution and Match Rate
In 2019, L & T TECHNOLOGY SERVICES 401(K) PLAN allocates $745,396.00 to match its employees' contributions, providing an employer match rate of 20.98% of their contributions
L & T TECHNOLOGY SERVICES 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of L & T TECHNOLOGY SERVICES 401(K) PLAN is 62.08%.
L & T TECHNOLOGY SERVICES 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for L & T TECHNOLOGY SERVICES 401(K) PLAN is 24.91%. This measures the effectiveness of the plan participants' investments in the year.
L & T TECHNOLOGY SERVICES 401(K) PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of L & T TECHNOLOGY SERVICES 401(K) PLAN is 0.65%.
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