LONG FENCE COMPANY, INC. PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 8545 EDGEWORTH DR.,CAPITOL HEIGHTS,MD
  • Contact person: MICHAEL J RITTER
  • Phone: (301) 350-2400

Plan General Information


At the end of 2022, the total retirement plan assets of LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is $21,357,764.This plan was established in 1976.

At the end of 2022, the total number of retirement plan participants in LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is 351

In 2022, the average participant retirement account value for LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is $60,848

In 2022, the estimated average employee contribution amount per participant for LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is $3,703

In 2022, the estimated average employer match for an employee in LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is approximately $379

In 2022, LONG FENCE COMPANY, INC. PROFIT SHARING PLAN allocates $133,100 to match its employees’ contributions, providing an employer match rate of 10.07% of their contributions

In 2022, the total retirement plan asset growth rate of LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is -19.60%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is -12.69%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG FENCE COMPANY, INC. PROFIT SHARING PLAN is 0.60%.

Enrollment Features

LONG FENCE COMPANY, INC. 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.