LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT

Plan Contact

  • Address: 5735 LINDSAY STREET,MINNEAPOLIS,MN
  • Contact person: ROGER D QUERN
  • Phone: (763) 544-0321

Plan General Information

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Total Retirement Plan Assets

At the end of 2012, the total retirement plan assets of LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is $31,443,223.00.This plan was established in 1962.

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is 304

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Average Participant Retirement Account Value

In 2012, the average participant retirement account value for LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is $103,431.00

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is $4,491.00.

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is approximately $4,122.00
Investing in this additonal $4,122.00 for 20 years would give you extra $263,870.00, assuming a 10% annual return.

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Total Employer Contribution and Match Rate

In 2012, LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT allocates $1,253,386.00 to match its employees' contributions, providing an employer match rate of 183.61% of their contributions

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Total Retirement Plan Asset Growth Rate

In 2012, the total retirement plan asset growth rate of LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is 1.85%.

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2012, the estimated aggregate retirement account investment gain/loss for LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is 3.89%. This measures the effectiveness of the plan participants' investments in the year.

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT Expense Ratio

In 2012, the investment and administrative expense ratio of LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT is 0.13%.

Enrollment Features

LAKELAND ENGINEERING EQUIPMENT COMPANY EMPLOYEES PROFIT SHARING TRUST AGREEMENT 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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