LOCKE SUPPLY CO. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCKE SUPPLY CO. 401(K) PLAN is $26,099,560.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in LOCKE SUPPLY CO. 401(K) PLAN is 1312

In 2022, the average participant retirement account value for LOCKE SUPPLY CO. 401(K) PLAN is $19,892

In 2022, the estimated average employee contribution amount per participant for LOCKE SUPPLY CO. 401(K) PLAN is $2,681

In 2022, the estimated average employer match for an employee in LOCKE SUPPLY CO. 401(K) PLAN is approximately $1,024

In 2022, LOCKE SUPPLY CO. 401(K) PLAN allocates $1,343,491 to match its employees’ contributions, providing an employer match rate of 38.44% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKE SUPPLY CO. 401(K) PLAN is -14.98%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKE SUPPLY CO. 401(K) PLAN is -15.27%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKE SUPPLY CO. 401(K) PLAN is 0.35%.

Enrollment Features

LOCKE SUPPLY CO. 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.