LAKEPHARMA, INC. 401(K) P/S PLAN

Overview

Plan Contact

  • Address: 530 HARBOR BLVD,BELMONT,CA
  • Contact person: JODI GAROFOLO
  • Phone: (469) 501-7609

Plan General Information


At the end of 2022, the total retirement plan assets of LAKEPHARMA, INC. 401(K) P/S PLAN is $447,738.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in LAKEPHARMA, INC. 401(K) P/S PLAN is 199

In 2022, the average participant retirement account value for LAKEPHARMA, INC. 401(K) P/S PLAN is $2,249

In 2022, the estimated average employee contribution amount per participant for LAKEPHARMA, INC. 401(K) P/S PLAN is $4,113

In 2022, the estimated average employer match for an employee in LAKEPHARMA, INC. 401(K) P/S PLAN is approximately $943

In 2022, LAKEPHARMA, INC. 401(K) P/S PLAN allocates $187,765 to match its employees’ contributions, providing an employer match rate of 18.15% of their contributions

In 2022, the total retirement plan asset growth rate of LAKEPHARMA, INC. 401(K) P/S PLAN is -94.76%

In 2022, the estimated aggregate retirement account investment gain/loss for LAKEPHARMA, INC. 401(K) P/S PLAN is -37.37%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAKEPHARMA, INC. 401(K) P/S PLAN is 2.45%.

Enrollment Features

LAKEPHARMA, INC. 401(K) P/S 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.