LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: PO BOX 380,SOUTH PITTSBURG,TN
  • Contact person: AMANDA GROVES
  • Phone: (423) 837-7181

Plan General Information


At the end of 2022, the total retirement plan assets of LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is $41,691,348.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is 722

In 2022, the average participant retirement account value for LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is $57,744

In 2022, the estimated average employee contribution amount per participant for LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is $2,487

In 2022, the estimated average employer match for an employee in LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is approximately $6,470

In 2022, LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN allocates $4,671,699 to match its employees’ contributions, providing an employer match rate of 283.24% of their contributions

In 2022, the total retirement plan asset growth rate of LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is -10.59%

In 2022, the estimated aggregate retirement account investment gain/loss for LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is -16.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING PLAN is 0.00%.

Enrollment Features

LODGE MANUFACTURING COMPANY DEFERRED PROFIT SHARING 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.