LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 927 W BEECH ST,LONG BEACH,NY
  • Contact person: JOHN MARSALA
  • Phone: (516) 432-4238

Plan General Information


At the end of 2021, the total retirement plan assets of LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $1,805.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 9

In 2021, the average participant retirement account value for LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $200

In 2021, the estimated average employee contribution amount per participant for LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $137

In 2021, the estimated average employer match for an employee in LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is approximately $91

In 2021, LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST allocates $824 to match its employees’ contributions, providing an employer match rate of 66.67% of their contributions


In 2021, the investment and administrative expense ratio of LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 6.20%.

Enrollment Features

LONG BEACH TAXI COMPANY 401(K) PROFIT SHARING PLAN & TRUST 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.