LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is $4,938,552.This plan was established in 1983.

At the end of 2022, the total number of retirement plan participants in LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is 193

In 2022, the average participant retirement account value for LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is $25,588

In 2022, the estimated average employee contribution amount per participant for LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is $2,031

In 2022, the estimated average employer match for an employee in LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is approximately $296

In 2022, LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN allocates $57,226 to match its employees’ contributions, providing an employer match rate of 14.79% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is -10.92%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is -14.43%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKHART AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN is 0.85%.

Enrollment Features

LOCKHART AUTOMOTIVE GROUP 401(K) 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.