LOCKHART TRUST 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCKHART TRUST 401(K) PLAN is $14,529,727.This plan was established in 1966.

At the end of 2022, the total number of retirement plan participants in LOCKHART TRUST 401(K) PLAN is 225

In 2022, the average participant retirement account value for LOCKHART TRUST 401(K) PLAN is $64,576

In 2022, the estimated average employee contribution amount per participant for LOCKHART TRUST 401(K) PLAN is $3,417

In 2022, the estimated average employer match for an employee in LOCKHART TRUST 401(K) PLAN is approximately $1,047

In 2022, LOCKHART TRUST 401(K) PLAN allocates $235,741 to match its employees’ contributions, providing an employer match rate of 31.00% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKHART TRUST 401(K) PLAN is -18.13%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHART TRUST 401(K) PLAN is -18.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKHART TRUST 401(K) PLAN is 0.12%.

Enrollment Features

LOCKHART TRUST 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.