LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $2,479,941.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is 166

In 2022, the average participant retirement account value for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $14,939

In 2022, the estimated average employee contribution amount per participant for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $1,219

In 2022, the estimated average employer match for an employee in LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is approximately $529

In 2022, LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST allocates $87,909 to match its employees’ contributions, providing an employer match rate of 45.62% of their contributions

In 2022, the total retirement plan asset growth rate of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is -36.35%

In 2022, the estimated aggregate retirement account investment gain/loss for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is -17.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is 0.02%.

Enrollment Features

LAUREL BUSINESS INSTITUTE 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.