LEFEBVRE COMPANIES 401(K) PLAN

Overview

Plan Contact

  • Address: 10895 171ST AVE. NW,ELK RIVER,MN
  • Contact person: AMY BERGLUND
  • Phone: (763) 441-2681

Plan General Information


At the end of 2022, the total retirement plan assets of LEFEBVRE COMPANIES 401(K) PLAN is $5,315,609.This plan was established in 1964.

At the end of 2022, the total number of retirement plan participants in LEFEBVRE COMPANIES 401(K) PLAN is 201

In 2022, the average participant retirement account value for LEFEBVRE COMPANIES 401(K) PLAN is $26,445

In 2022, the estimated average employee contribution amount per participant for LEFEBVRE COMPANIES 401(K) PLAN is $1,861

In 2022, the estimated average employer match for an employee in LEFEBVRE COMPANIES 401(K) PLAN is approximately $240

In 2022, LEFEBVRE COMPANIES 401(K) PLAN allocates $48,400 to match its employees’ contributions, providing an employer match rate of 12.74% of their contributions

In 2022, the total retirement plan asset growth rate of LEFEBVRE COMPANIES 401(K) PLAN is -18.93%

In 2022, the estimated aggregate retirement account investment gain/loss for LEFEBVRE COMPANIES 401(K) PLAN is -16.68%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LEFEBVRE COMPANIES 401(K) PLAN is 0.73%.

Enrollment Features

LEFEBVRE COMPANIES 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.