LEGALSHIELD 401(K) PLAN

At the end of 2021, the total retirement plan assets of LEGALSHIELD 401(K) PLAN is $38,517,816.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LEGALSHIELD 401(K) PLAN is 912

In 2021, the average participant retirement account value for LEGALSHIELD 401(K) PLAN is $42,234

In 2021, the estimated average employee contribution amount per participant for LEGALSHIELD 401(K) PLAN is $2,767

In 2021, the estimated average employer match for an employee in LEGALSHIELD 401(K) PLAN is approximately $1,835

In 2021, LEGALSHIELD 401(K) PLAN allocates $1,674,351 to match its employees’ contributions, providing an employer match rate of 66.34% of their contributions

In 2021, the total retirement plan asset growth rate of LEGALSHIELD 401(K) PLAN is 12.63%

In 2021, the estimated aggregate retirement account investment gain/loss for LEGALSHIELD 401(K) PLAN is 13.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LEGALSHIELD 401(K) PLAN is 0.20%.

Enrollment Features

LEGALSHIELD 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.