LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 6880 ALBION RD,OAKFIELD,NY
- Contact person: JENNIFER SCHNETTLER
- Phone: (585) 948-5777
Plan General Information
At the end of 2022, the total retirement plan assets of LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is $5,874,518.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is 150
In 2022, the average participant retirement account value for LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is $39,163
In 2022, the estimated average employee contribution amount per participant for LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is $1,582
In 2022, the estimated average employer match for an employee in LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $504
In 2022, LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST allocates $75,643 to match its employees’ contributions, providing an employer match rate of 30.83% of their contributions
In 2022, the total retirement plan asset growth rate of LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is -15.49%
In 2022, the estimated aggregate retirement account investment gain/loss for LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is -14.69%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LAMB FARMS INC 401(K) PROFIT SHARING PLAN & TRUST is 0.72%.
Enrollment Features
LAMB FARMS INC 401(K) PROFIT SHARING PLAN & 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.