LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is $53,231,244.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is 838

In 2022, the average participant retirement account value for LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is $63,521

In 2022, the estimated average employee contribution amount per participant for LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is $5,348

In 2022, the estimated average employer match for an employee in LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is approximately $711

In 2022, LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN allocates $596,358 to match its employees’ contributions, providing an employer match rate of 14.02% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is -16.17%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is -17.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN is 0.15%.

Enrollment Features

LOCAL INITIATIVES SUPPORT CORPORATION 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.