LEEANN CHIN, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 3600 AMERICAN BLVD. WEST, SUITE 165,BLOOMINGTON,MN
- Contact person: BETH PETERSON
- Phone: (952) 820-1238
Plan General Information
At the end of 2022, the total retirement plan assets of LEEANN CHIN, INC. 401(K) PLAN is $5,050,051.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in LEEANN CHIN, INC. 401(K) PLAN is 315
In 2022, the average participant retirement account value for LEEANN CHIN, INC. 401(K) PLAN is $16,031
In 2022, the estimated average employee contribution amount per participant for LEEANN CHIN, INC. 401(K) PLAN is $816
In 2022, the estimated average employer match for an employee in LEEANN CHIN, INC. 401(K) PLAN is approximately $136
In 2022, LEEANN CHIN, INC. 401(K) PLAN allocates $43,016 to match its employees’ contributions, providing an employer match rate of 16.29% of their contributions
In 2022, the total retirement plan asset growth rate of LEEANN CHIN, INC. 401(K) PLAN is -24.50%
In 2022, the estimated aggregate retirement account investment gain/loss for LEEANN CHIN, INC. 401(K) PLAN is -23.24%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LEEANN CHIN, INC. 401(K) PLAN is 0.18%.
Enrollment Features
LEEANN CHIN, INC. 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.