LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 395 DEMILLE ROAD,LAPEER,MI
- Contact person: BERNICE CARON
- Phone: (810) 667-4240
Plan General Information
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is $532,135.00.This plan was established in 2018.
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is 191
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is $2,786.00
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is $1,460.00.
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is 7.07%.
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is -17.13%. This measures the effectiveness of the plan participants' investments in the year.
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN is 0.66%.
Enrollment Features
LAPEER PLATING & PLASTICS EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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