LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN

At the end of 2021, the total retirement plan assets of LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is $15,779,667.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is 277

In 2021, the average participant retirement account value for LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is $56,966

In 2021, the estimated average employee contribution amount per participant for LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is $4,455

In 2021, the estimated average employer match for an employee in LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is approximately $2,697

In 2021, LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN allocates $747,162 to match its employees’ contributions, providing an employer match rate of 60.54% of their contributions

In 2021, the total retirement plan asset growth rate of LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is 21.39%

In 2021, the estimated aggregate retirement account investment gain/loss for LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is 11.59%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LONE STAR COMMUNICATIONS, INC 401(K) PROFIT SHARING PLAN is 0.48%.

Enrollment Features

LONE STAR COMMUNICATIONS, INC 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.