LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN

At the end of 2021, the total retirement plan assets of LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is $32,356,335.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is 133

In 2021, the average participant retirement account value for LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is $243,280

In 2021, the estimated average employee contribution amount per participant for LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is $6,132

In 2021, the estimated average employer match for an employee in LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is approximately $4,435

In 2021, LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN allocates $589,934 to match its employees’ contributions, providing an employer match rate of 72.33% of their contributions

In 2021, the total retirement plan asset growth rate of LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is 6.91%

In 2021, the estimated aggregate retirement account investment gain/loss for LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is 12.62%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LONE ROCK RESOURCES 401(K)AND PROFIT SHARING PLAN is 0.17%.

Enrollment Features

LONE ROCK RESOURCES 401(K)AND 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.