LAKESHORE BEVERAGE 401(K) PLAN

At the end of 2022, the total retirement plan assets of LAKESHORE BEVERAGE 401(K) PLAN is $22,141,422.This plan was established in 2011.

At the end of 2022, the total number of retirement plan participants in LAKESHORE BEVERAGE 401(K) PLAN is 392

In 2022, the average participant retirement account value for LAKESHORE BEVERAGE 401(K) PLAN is $56,483

In 2022, the estimated average employee contribution amount per participant for LAKESHORE BEVERAGE 401(K) PLAN is $2,555

In 2022, the estimated average employer match for an employee in LAKESHORE BEVERAGE 401(K) PLAN is approximately $1,046

In 2022, LAKESHORE BEVERAGE 401(K) PLAN allocates $410,364 to match its employees’ contributions, providing an employer match rate of 38.60% of their contributions

In 2022, the total retirement plan asset growth rate of LAKESHORE BEVERAGE 401(K) PLAN is -14.83%

In 2022, the estimated aggregate retirement account investment gain/loss for LAKESHORE BEVERAGE 401(K) PLAN is -17.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAKESHORE BEVERAGE 401(K) PLAN is 0.46%.

Enrollment Features

LAKESHORE BEVERAGE 401(K) 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.