LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST

Overview

Plan Contact

  • Address: 333 S 7TH ST,,MINNEAPOLIS,MN
  • Contact person: KARRI HERMANSON
  • Phone: (612) 371-3008

Plan General Information


At the end of 2022, the total retirement plan assets of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is $15,636,727.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is 310

In 2022, the average participant retirement account value for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is $50,441

In 2022, the estimated average employee contribution amount per participant for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is $10,357

In 2022, the estimated average employer match for an employee in LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is approximately $2,367

In 2022, LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST allocates $733,910 to match its employees’ contributions, providing an employer match rate of 45.72% of their contributions

In 2022, the total retirement plan asset growth rate of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is -15.86%

In 2022, the estimated aggregate retirement account investment gain/loss for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is -14.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST is 0.41%.

Enrollment Features

LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.