THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN

Plan Contact

  • Address: 2125 UNIVERSITY PARK DRIVE,OKEMOS,MI
  • Contact person: ALMA DONNELLY
  • Phone: (517) 333-9030

Plan General Information

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is $31,517,484.00.This plan was established in 1996.

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is 2117

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is $14,887.00

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is $755.00.

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is approximately $469.00
Investing in this additonal $469.00 for 20 years would give you extra $30,035.00, assuming a 10% annual return.

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Total Employer Contribution and Match Rate

In 2023, THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN allocates $993,533.00 to match its employees' contributions, providing an employer match rate of 67.35% of their contributions

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is 16.30%.

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is 17.52%. This measures the effectiveness of the plan participants' investments in the year.

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION PLAN is 0.23%.

Enrollment Features

THE LEONA GROUP, LLC EMPLOYEE DEFERRED COMPENSATION 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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