LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is $23,893,190.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is 379

In 2022, the average participant retirement account value for LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is $63,042

In 2022, the estimated average employee contribution amount per participant for LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is $4,406

In 2022, the estimated average employer match for an employee in LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,797

In 2022, LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST allocates $681,099 to match its employees’ contributions, providing an employer match rate of 42.23% of their contributions

In 2022, the total retirement plan asset growth rate of LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is -18.43%

In 2022, the estimated aggregate retirement account investment gain/loss for LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is -16.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is 0.38%.

Enrollment Features

LAWRENCE PAPER CO EMPLOYEES 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.