LANZ CABINETS RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LANZ CABINETS RETIREMENT PLAN is $8,648,809.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in LANZ CABINETS RETIREMENT PLAN is 415

In 2022, the average participant retirement account value for LANZ CABINETS RETIREMENT PLAN is $20,840

In 2022, the estimated average employee contribution amount per participant for LANZ CABINETS RETIREMENT PLAN is $1,351

In 2022, the estimated average employer match for an employee in LANZ CABINETS RETIREMENT PLAN is approximately $461

In 2022, LANZ CABINETS RETIREMENT PLAN allocates $191,534 to match its employees’ contributions, providing an employer match rate of 33.79% of their contributions

In 2022, the total retirement plan asset growth rate of LANZ CABINETS RETIREMENT PLAN is -12.68%

In 2022, the estimated aggregate retirement account investment gain/loss for LANZ CABINETS RETIREMENT PLAN is -15.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LANZ CABINETS RETIREMENT PLAN is 0.80%.

Enrollment Features

LANZ CABINETS RETIREMENT 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.