LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN

Plan Contact

  • Address: 5506 6TH AVENUE,ALTOONA,PA
  • Phone: (814) 946-3686

Plan General Information

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is $22,996,464.00.This plan was established in 2022.

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is 291

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is $79,025.00

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is $5,018.00.

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is approximately $7,176.00
Investing in this additonal $7,176.00 for 20 years would give you extra $459,277.00, assuming a 10% annual return.

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Total Employer Contribution and Match Rate

In 2023, LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN allocates $2,088,277.00 to match its employees' contributions, providing an employer match rate of 285.99% of their contributions

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is 10.81%.

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is 13.81%. This measures the effectiveness of the plan participants' investments in the year.

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE PLAN is 0.26%.

Enrollment Features

LEONARD S. FIORE, INC. SAVINGS AND PREVAILING WAGE 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.


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