LOANMART 401(K) PLAN

Overview

Plan Contact

  • Address: 15400 SHERMAN WAY SUITE 300,VAN NUYS,CA
  • Contact person: JENNIFER ARMSTRONG
  • Phone: (818) 285-0871

Plan General Information


At the end of 2022, the total retirement plan assets of LOANMART 401(K) PLAN is $3,861,538.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in LOANMART 401(K) PLAN is 228

In 2022, the average participant retirement account value for LOANMART 401(K) PLAN is $16,936

In 2022, the estimated average employee contribution amount per participant for LOANMART 401(K) PLAN is $2,185


In 2022, the total retirement plan asset growth rate of LOANMART 401(K) PLAN is -13.81%

In 2022, the estimated aggregate retirement account investment gain/loss for LOANMART 401(K) PLAN is -16.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOANMART 401(K) PLAN is 1.29%.

Enrollment Features

LOANMART 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.