LEXMARK SAVINGS PLAN
Overview
Plan Contact
- Address: 740 WEST NEW CIRCLE ROAD,LEXINGTON,KY
- Contact person: TONYA H. JACKSON
- Phone: (859) 232-2000
Plan General Information
At the end of 2022, the total retirement plan assets of LEXMARK SAVINGS PLAN is $1,059,618,486.This plan was established in 1991.
At the end of 2022, the total number of retirement plan participants in LEXMARK SAVINGS PLAN is 3407
In 2022, the average participant retirement account value for LEXMARK SAVINGS PLAN is $311,012
In 2022, the estimated average employee contribution amount per participant for LEXMARK SAVINGS PLAN is $6,917
In 2022, the estimated average employer match for an employee in LEXMARK SAVINGS PLAN is approximately $2,697
In 2022, LEXMARK SAVINGS PLAN allocates $9,189,578 to match its employees’ contributions, providing an employer match rate of 38.40% of their contributions
In 2022, the total retirement plan asset growth rate of LEXMARK SAVINGS PLAN is -18.91%
In 2022, the estimated aggregate retirement account investment gain/loss for LEXMARK SAVINGS PLAN is -16.25%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LEXMARK SAVINGS PLAN is 0.06%.
Enrollment Features
LEXMARK SAVINGS 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.