LANDTEK GROUP, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LANDTEK GROUP, INC. 401(K) PLAN is $10,289,791.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in LANDTEK GROUP, INC. 401(K) PLAN is 140

In 2022, the average participant retirement account value for LANDTEK GROUP, INC. 401(K) PLAN is $73,498

In 2022, the estimated average employee contribution amount per participant for LANDTEK GROUP, INC. 401(K) PLAN is $5,375

In 2022, the estimated average employer match for an employee in LANDTEK GROUP, INC. 401(K) PLAN is approximately $967

In 2022, LANDTEK GROUP, INC. 401(K) PLAN allocates $135,410 to match its employees’ contributions, providing an employer match rate of 19.38% of their contributions

In 2022, the total retirement plan asset growth rate of LANDTEK GROUP, INC. 401(K) PLAN is -14.77%

In 2022, the estimated aggregate retirement account investment gain/loss for LANDTEK GROUP, INC. 401(K) PLAN is -17.83%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LANDTEK GROUP, INC. 401(K) PLAN is 0.05%.

Enrollment Features

LANDTEK GROUP, INC. 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.