LEXITAS 401K PLAN

At the end of 2022, the total retirement plan assets of LEXITAS 401K PLAN is $11,337,534.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in LEXITAS 401K PLAN is 942

In 2022, the average participant retirement account value for LEXITAS 401K PLAN is $12,035

In 2022, the estimated average employee contribution amount per participant for LEXITAS 401K PLAN is $3,257

In 2022, the estimated average employer match for an employee in LEXITAS 401K PLAN is approximately $548

In 2022, LEXITAS 401K PLAN allocates $516,931 to match its employees’ contributions, providing an employer match rate of 19.77% of their contributions

In 2022, the total retirement plan asset growth rate of LEXITAS 401K PLAN is 44.67%

In 2022, the estimated aggregate retirement account investment gain/loss for LEXITAS 401K PLAN is -12.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LEXITAS 401K PLAN is 0.41%.

Enrollment Features

LEXITAS 401K 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.