LOCUS MANAGEMENT 401(K)

Overview

Plan Contact

  • Address: 30600 AURORA RD STE 180,SOLON,OH
  • Contact person: TARA EVANS
  • Phone: (440) 822-6699

Plan General Information


At the end of 2022, the total retirement plan assets of LOCUS MANAGEMENT 401(K) is $2,669,023.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in LOCUS MANAGEMENT 401(K) is 108

In 2022, the average participant retirement account value for LOCUS MANAGEMENT 401(K) is $24,713

In 2022, the estimated average employee contribution amount per participant for LOCUS MANAGEMENT 401(K) is $6,611

In 2022, the estimated average employer match for an employee in LOCUS MANAGEMENT 401(K) is approximately $2,954

In 2022, LOCUS MANAGEMENT 401(K) allocates $319,051 to match its employees’ contributions, providing an employer match rate of 45.53% of their contributions

In 2022, the total retirement plan asset growth rate of LOCUS MANAGEMENT 401(K) is 23.18%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCUS MANAGEMENT 401(K) is -14.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCUS MANAGEMENT 401(K) is 0.45%.

Enrollment Features

LOCUS MANAGEMENT 401(K) has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.