LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN
Plan Contact
- Address: 4420 CLUBVIEW DR.,FORT WAYNE,IN
- Contact person: BRIAN LEIST
- Phone: (260) 432-5563
Plan General Information
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $20,933,685.00.This plan was established in 1969.
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 321
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $65,213.00
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is $6,307.00.
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is approximately $315.00
Investing in this additonal $315.00 for 20 years would give you extra $20,184.00, assuming a 10% annual return.
Investing in this additonal $315.00 for 20 years would give you extra $20,184.00, assuming a 10% annual return.
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN allocates $101,237.00 to match its employees' contributions, providing an employer match rate of 10.00% of their contributions
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 12.54%.
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 14.36%. This measures the effectiveness of the plan participants' investments in the year.
LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN is 0.11%.
Enrollment Features
LH CARBIDE PROFIT SHARING & SALARY SAVINGS 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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