LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is $47,879,557.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is 472

In 2022, the average participant retirement account value for LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is $101,439

In 2022, the estimated average employee contribution amount per participant for LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is $7,291

In 2022, the estimated average employer match for an employee in LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is approximately $2,163

In 2022, LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN allocates $1,021,250 to match its employees’ contributions, providing an employer match rate of 29.86% of their contributions

In 2022, the total retirement plan asset growth rate of LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is -18.00%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is -18.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG BUILDING TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN is 0.28%.

Enrollment Features

LONG BUILDING TECHNOLOGIES, 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.