LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE
Plan Contact
- Address: ONE GALLERIA BLVD.,,METAIRIE,LA
- Contact person: CYNTHIA COX
- Phone: (504) 841-5247
Plan General Information
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Total Retirement Plan Assets
At the end of 2014, the total retirement plan assets of LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is $25,969,225.00.This plan was established in 1991.
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Total Number of Retirement Plan Participants
At the end of 2014, the total number of retirement plan participants in LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is 139
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Average Participant Retirement Account Value
In 2014, the average participant retirement account value for LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is $186,828.00
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Estimated Average Employee Contribution Amount
In 2014, the estimated average employee contribution amount per participant for LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is $14,074.00.
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Estimated Average Employer Match
In 2014, the estimated average employer match for an employee in LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is approximately $6,826.00
Investing in this additonal $6,826.00 for 20 years would give you extra $436,910.00, assuming a 10% annual return.
Investing in this additonal $6,826.00 for 20 years would give you extra $436,910.00, assuming a 10% annual return.
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Total Employer Contribution and Match Rate
In 2014, LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE allocates $948,916.00 to match its employees' contributions, providing an employer match rate of 97.01% of their contributions
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Total Retirement Plan Asset Growth Rate
In 2014, the total retirement plan asset growth rate of LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is 2.48%.
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Estimated Aggregate Retirement Account Investment Gain/Loss
In 2014, the estimated aggregate retirement account investment gain/loss for LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is 6.32%. This measures the effectiveness of the plan participants' investments in the year.
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE Expense Ratio
In 2014, the investment and administrative expense ratio of LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE is 0.01%.
Enrollment Features
LAMMICO AND LAMMICO INSURANCE AGENCY, INC. EMPLOYE has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
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