LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 3000 EARHART COURT,,HEBRON,KY
- Contact person: MELISSA HELDERBRAND
- Phone: (859) 334-4905
Plan General Information
At the end of 2022, the total retirement plan assets of LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is $6,498,938.This plan was established in 1991.
At the end of 2022, the total number of retirement plan participants in LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is 124
In 2022, the average participant retirement account value for LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is $52,410
In 2022, the estimated average employee contribution amount per participant for LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is $3,953
In 2022, the estimated average employer match for an employee in LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is approximately $1,929
In 2022, LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN allocates $239,251 to match its employees’ contributions, providing an employer match rate of 46.73% of their contributions
In 2022, the total retirement plan asset growth rate of LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is -18.64%
In 2022, the estimated aggregate retirement account investment gain/loss for LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is -20.05%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOHMANN CORPORATION U.S. 401(K) PROFIT SHARING PLAN is 0.03%.
Enrollment Features
LOHMANN CORPORATION U.S. 401(K) 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.