LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is $3,918,300.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is 276

In 2022, the average participant retirement account value for LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is $14,196

In 2022, the estimated average employee contribution amount per participant for LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is $2,682

In 2022, the estimated average employer match for an employee in LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,368

In 2022, LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST allocates $377,627 to match its employees’ contributions, providing an employer match rate of 50.64% of their contributions

In 2022, the total retirement plan asset growth rate of LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is -38.07%

In 2022, the estimated aggregate retirement account investment gain/loss for LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is -18.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST is 1.80%.

Enrollment Features

LOAN SIMPLE 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.