LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 2727 WINKLER AVE,FT MYERS,FL
  • Contact person: BARBARA FERNANDEZ
  • Phone: (239) 939-8800

Plan General Information


At the end of 2022, the total retirement plan assets of LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is $11,972,669.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is 372

In 2022, the average participant retirement account value for LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is $32,184

In 2022, the estimated average employee contribution amount per participant for LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is $2,446

In 2022, the estimated average employer match for an employee in LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,715

In 2022, LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $638,067 to match its employees’ contributions, providing an employer match rate of 61.51% of their contributions

In 2022, the total retirement plan asset growth rate of LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is -12.64%

In 2022, the estimated aggregate retirement account investment gain/loss for LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is -16.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LEESAR INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.57%.

Enrollment Features

LEESAR INC. 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.