LETTIRE CONSTRUCTION CORP. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $8,192,261.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in LETTIRE CONSTRUCTION CORP. 401(K) PLAN is 110

In 2022, the average participant retirement account value for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $74,475

In 2022, the estimated average employee contribution amount per participant for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is $4,836

In 2022, the estimated average employer match for an employee in LETTIRE CONSTRUCTION CORP. 401(K) PLAN is approximately $2,180

In 2022, LETTIRE CONSTRUCTION CORP. 401(K) PLAN allocates $239,814 to match its employees’ contributions, providing an employer match rate of 42.38% of their contributions

In 2022, the total retirement plan asset growth rate of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is -19.56%

In 2022, the estimated aggregate retirement account investment gain/loss for LETTIRE CONSTRUCTION CORP. 401(K) PLAN is -16.37%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LETTIRE CONSTRUCTION CORP. 401(K) PLAN is 0.55%.

Enrollment Features

LETTIRE CONSTRUCTION CORP. 401(K) 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.