LOKAL HOMES, LLC 401(K) PLAN

At the end of 2021, the total retirement plan assets of LOKAL HOMES, LLC 401(K) PLAN is $5,587,799.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOKAL HOMES, LLC 401(K) PLAN is 195

In 2021, the average participant retirement account value for LOKAL HOMES, LLC 401(K) PLAN is $28,655

In 2021, the estimated average employee contribution amount per participant for LOKAL HOMES, LLC 401(K) PLAN is $6,523

In 2021, the estimated average employer match for an employee in LOKAL HOMES, LLC 401(K) PLAN is approximately $3,068

In 2021, LOKAL HOMES, LLC 401(K) PLAN allocates $598,312 to match its employees’ contributions, providing an employer match rate of 47.03% of their contributions

In 2021, the total retirement plan asset growth rate of LOKAL HOMES, LLC 401(K) PLAN is 60.68%

In 2021, the estimated aggregate retirement account investment gain/loss for LOKAL HOMES, LLC 401(K) PLAN is 14.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOKAL HOMES, LLC 401(K) PLAN is 0.19%.

Enrollment Features

LOKAL HOMES, 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.