LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST

At the end of 2022, the total retirement plan assets of LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is $225,139,151.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is 1968

In 2022, the average participant retirement account value for LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is $114,399

In 2022, the estimated average employee contribution amount per participant for LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is $7,892

In 2022, the estimated average employer match for an employee in LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is approximately $2,270

In 2022, LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST allocates $4,467,605 to match its employees’ contributions, providing an employer match rate of 30.82% of their contributions

In 2022, the total retirement plan asset growth rate of LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is -14.01%

In 2022, the estimated aggregate retirement account investment gain/loss for LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is -18.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST is 0.11%.

Enrollment Features

LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST 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.