LAWLEY MOTORS, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 100 NORTH HIGHWAY 90,SIERRA VISTA,AZ
- Contact person: NEAL JACKSON
- Phone: (520) 452-6906
Plan General Information
At the end of 2022, the total retirement plan assets of LAWLEY MOTORS, LLC 401(K) PLAN is $5,381,285.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in LAWLEY MOTORS, LLC 401(K) PLAN is 245
In 2022, the average participant retirement account value for LAWLEY MOTORS, LLC 401(K) PLAN is $21,964
In 2022, the estimated average employee contribution amount per participant for LAWLEY MOTORS, LLC 401(K) PLAN is $3,516
In 2022, the estimated average employer match for an employee in LAWLEY MOTORS, LLC 401(K) PLAN is approximately $475
In 2022, LAWLEY MOTORS, LLC 401(K) PLAN allocates $116,595 to match its employees’ contributions, providing an employer match rate of 13.73% of their contributions
In 2022, the total retirement plan asset growth rate of LAWLEY MOTORS, LLC 401(K) PLAN is -29.67%
In 2022, the estimated aggregate retirement account investment gain/loss for LAWLEY MOTORS, LLC 401(K) PLAN is -19.39%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LAWLEY MOTORS, LLC 401(K) PLAN is 0.87%.
Enrollment Features
LAWLEY MOTORS, LLC 401(K) 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.