LOENBRO, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 1900 32ND AVE. N.E.,BLACK EAGLE,MT
  • Contact person: MINDY KISER
  • Phone: (406) 453-1542

Plan General Information


At the end of 2022, the total retirement plan assets of LOENBRO, LLC 401(K) PLAN is $9,442,823.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in LOENBRO, LLC 401(K) PLAN is 971

In 2022, the average participant retirement account value for LOENBRO, LLC 401(K) PLAN is $9,724

In 2022, the estimated average employee contribution amount per participant for LOENBRO, LLC 401(K) PLAN is $1,187

In 2022, the estimated average employer match for an employee in LOENBRO, LLC 401(K) PLAN is approximately $734

In 2022, LOENBRO, LLC 401(K) PLAN allocates $713,227 to match its employees’ contributions, providing an employer match rate of 56.54% of their contributions

In 2022, the total retirement plan asset growth rate of LOENBRO, LLC 401(K) PLAN is 3.07%

In 2022, the estimated aggregate retirement account investment gain/loss for LOENBRO, LLC 401(K) PLAN is -16.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOENBRO, LLC 401(K) PLAN is 0.68%.

Enrollment Features

LOENBRO, LLC 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.