LETTIRE CONSTRUCTION CORP. 401(K) PLAN

Plan Contact

  • Address: 334 E. 110TH STREET,NEW YORK,NY
  • Contact person: NICK LETTIRE
  • Phone: (212) 996-6640

Plan General Information

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $8,192,261.00.This plan was established in 2010.

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in LETTIRE CONSTRUCTION CORP. 401(K) PLAN is 110

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $74,475.00

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $4,836.00.

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in LETTIRE CONSTRUCTION CORP. 401(K) PLAN is approximately $2,180.00
Investing in this additonal $2,180.00 for 20 years would give you extra $139,528.00, assuming a 10% annual return.

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, LETTIRE CONSTRUCTION CORP. 401(K) PLAN allocates $239,814.00 to match its employees' contributions, providing an employer match rate of 42.38% of their contributions

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is -19.56%.

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is -16.37%. This measures the effectiveness of the plan participants' investments in the year.

LETTIRE CONSTRUCTION CORP. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is 0.55%.

Enrollment Features

LETTIRE CONSTRUCTION CORP. 401(K) 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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