LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN
Plan Contact
- Address: PO BOX 797,,SAN ANTONIO,PR
- Contact person: RHODORA MACLANG
- Phone: (787) 230-7700
Plan General Information
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is $2,307,819.00.This plan was established in 2022.
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is 372
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is $6,203.00
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is $982.00.
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is approximately $436.00
Investing in this additonal $436.00 for 20 years would give you extra $27,938.00, assuming a 10% annual return.
Investing in this additonal $436.00 for 20 years would give you extra $27,938.00, assuming a 10% annual return.
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Total Employer Contribution and Match Rate
In 2021, LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN allocates $162,394.00 to match its employees' contributions, providing an employer match rate of 44.44% of their contributions
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is 33.09%.
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is 16.00%. This measures the effectiveness of the plan participants' investments in the year.
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO SAVINGS PLAN is 0.31%.
Enrollment Features
LUFTHANSA TECHNIK PUERTO RICO LLC LUFTHANSA TECHNIK PUERTO RICO 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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