LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is $7,905,737.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is 197

In 2022, the average participant retirement account value for LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is $40,130

In 2022, the estimated average employee contribution amount per participant for LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is $2,380

In 2022, the estimated average employer match for an employee in LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is approximately $980

In 2022, LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN allocates $193,062 to match its employees’ contributions, providing an employer match rate of 41.92% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is -20.35%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is -19.92%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING PLAN is 0.58%.

Enrollment Features

LOCAL MARKETING SOLUTIONS GROUP, INC. PROFIT SHARING 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.