LARSON ENGINEERING RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LARSON ENGINEERING RETIREMENT PLAN is $28,743,120.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in LARSON ENGINEERING RETIREMENT PLAN is 267

In 2022, the average participant retirement account value for LARSON ENGINEERING RETIREMENT PLAN is $107,652

In 2022, the estimated average employee contribution amount per participant for LARSON ENGINEERING RETIREMENT PLAN is $6,431

In 2022, the estimated average employer match for an employee in LARSON ENGINEERING RETIREMENT PLAN is approximately $1,345

In 2022, LARSON ENGINEERING RETIREMENT PLAN allocates $359,188 to match its employees’ contributions, providing an employer match rate of 21.44% of their contributions

In 2022, the total retirement plan asset growth rate of LARSON ENGINEERING RETIREMENT PLAN is -14.95%

In 2022, the estimated aggregate retirement account investment gain/loss for LARSON ENGINEERING RETIREMENT PLAN is -16.73%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LARSON ENGINEERING RETIREMENT PLAN is 0.28%.

Enrollment Features

LARSON ENGINEERING RETIREMENT 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.