LENCO 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LENCO 401(K) RETIREMENT PLAN is $2,089,682.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in LENCO 401(K) RETIREMENT PLAN is 294

In 2022, the average participant retirement account value for LENCO 401(K) RETIREMENT PLAN is $7,107

In 2022, the estimated average employee contribution amount per participant for LENCO 401(K) RETIREMENT PLAN is $1,724

In 2022, the estimated average employer match for an employee in LENCO 401(K) RETIREMENT PLAN is approximately $0

In 2022, LENCO 401(K) RETIREMENT PLAN allocates $18 to match its employees’ contributions, providing an employer match rate of 0.00% of their contributions

In 2022, the total retirement plan asset growth rate of LENCO 401(K) RETIREMENT PLAN is 4.51%

In 2022, the estimated aggregate retirement account investment gain/loss for LENCO 401(K) RETIREMENT PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LENCO 401(K) RETIREMENT PLAN is 0.11%.

Enrollment Features

LENCO 401(K) RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.