LALLEMAND USA 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: 2405 NORTH SECOND STREET,MEMPHIS,TN
  • Contact person: JULIE BLACK
  • Phone: (514) 529-2586

Plan General Information


At the end of 2022, the total retirement plan assets of LALLEMAND USA 401(K) SAVINGS PLAN is $71,266,602.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in LALLEMAND USA 401(K) SAVINGS PLAN is 674

In 2022, the average participant retirement account value for LALLEMAND USA 401(K) SAVINGS PLAN is $105,736

In 2022, the estimated average employee contribution amount per participant for LALLEMAND USA 401(K) SAVINGS PLAN is $6,407

In 2022, the estimated average employer match for an employee in LALLEMAND USA 401(K) SAVINGS PLAN is approximately $3,660

In 2022, LALLEMAND USA 401(K) SAVINGS PLAN allocates $2,467,301 to match its employees’ contributions, providing an employer match rate of 57.73% of their contributions

In 2022, the total retirement plan asset growth rate of LALLEMAND USA 401(K) SAVINGS PLAN is -12.65%

In 2022, the estimated aggregate retirement account investment gain/loss for LALLEMAND USA 401(K) SAVINGS PLAN is -14.92%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LALLEMAND USA 401(K) SAVINGS PLAN is 0.26%.

Enrollment Features

LALLEMAND USA 401(K) 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.