LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 6600 JANSEN AVENUE NE,ALBERTVILLE,MN
  • Contact person: TIFFANI STEINKE
  • Phone: (763) 497-4665

Plan General Information


At the end of 2022, the total retirement plan assets of LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is $6,192,158.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is 191

In 2022, the average participant retirement account value for LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is $32,419

In 2022, the estimated average employee contribution amount per participant for LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is $3,132

In 2022, the estimated average employer match for an employee in LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is approximately $921

In 2022, LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN allocates $176,005 to match its employees’ contributions, providing an employer match rate of 29.97% of their contributions

In 2022, the total retirement plan asset growth rate of LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is -18.34%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is -19.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG HAUL TRUCKING, INC. 401(K) RETIREMENT PLAN is 0.11%.

Enrollment Features

LONG HAUL TRUCKING, INC. 401(K) RETIREMENT 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.