LOFTIN EQUIPMENT COMPANY 401(K) PLAN
Overview
Plan Contact
- Address: 1220 NORTH 52ND STREET,,PHOENIX,AZ
- Contact person: LUKE LIVAK
- Phone: (602) 272-9466
Plan General Information
At the end of 2022, the total retirement plan assets of LOFTIN EQUIPMENT COMPANY 401(K) PLAN is $9,583,705.This plan was established in 2016.
At the end of 2022, the total number of retirement plan participants in LOFTIN EQUIPMENT COMPANY 401(K) PLAN is 245
In 2022, the average participant retirement account value for LOFTIN EQUIPMENT COMPANY 401(K) PLAN is $39,117
In 2022, the estimated average employee contribution amount per participant for LOFTIN EQUIPMENT COMPANY 401(K) PLAN is $4,194
In 2022, the estimated average employer match for an employee in LOFTIN EQUIPMENT COMPANY 401(K) PLAN is approximately $2,370
In 2022, LOFTIN EQUIPMENT COMPANY 401(K) PLAN allocates $580,656 to match its employees’ contributions, providing an employer match rate of 62.93% of their contributions
In 2022, the total retirement plan asset growth rate of LOFTIN EQUIPMENT COMPANY 401(K) PLAN is -9.98%
In 2022, the estimated aggregate retirement account investment gain/loss for LOFTIN EQUIPMENT COMPANY 401(K) PLAN is -13.76%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOFTIN EQUIPMENT COMPANY 401(K) PLAN is 0.32%.