LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN
Plan Contact
- Address: 227 WEST 1ST STREET SUITE 950,DULUTH,MN
- Contact person: MARK J EMMEL
- Phone: (218) 727-7765
Plan General Information
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is $7,289,591.00.This plan was established in 1988.
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is 217
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is $33,592.00
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is $1,086.00.
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is approximately $601.00
Investing in this additonal $601.00 for 20 years would give you extra $38,524.00, assuming a 10% annual return.
Investing in this additonal $601.00 for 20 years would give you extra $38,524.00, assuming a 10% annual return.
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Total Employer Contribution and Match Rate
In 2023, LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN allocates $130,622.00 to match its employees' contributions, providing an employer match rate of 55.26% of their contributions
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is 24.53%.
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is 23.16%. This measures the effectiveness of the plan participants' investments in the year.
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT PLAN is 0.02%.
Enrollment Features
LABOVITZ ENTERPRISES & AFFILIATES 401(K) SAVINGS & INVESTMENT 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.
Recent Articles
- The Right Way to Withdraw from Your 401(k) Without Regret
- Retirement Plan Contribution Limits in 2025
- Need to Withdraw From Your 401(k)? Follow This Order: Hardship Withdrawal, 401(k) Loan, and Penalty Withdrawal
- Maximize Your Cash Returns
- March 2025 MyPlanIQ Portfolio Update
- Roth IRA for Kids? SEP IRA for Rental Income?
- 6 Ways to Cope in Your Retirement Savings & Spending Under the Current DOGE, Tariff Regime
- Outsaving Regular Workers: How Gig Workers & Entrepreneurs Can Save 3x More for Retirement—Up to $70K Tax-Deferred!
- The Hidden Benefit of Emergency Savings Accounts: It’s a ‘Regular’ Savings Account with Free Employer Match
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …