LONG MOTORS COMPANY 401(K) PLAN

At the end of 2022, the total retirement plan assets of LONG MOTORS COMPANY 401(K) PLAN is $7,214,183.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LONG MOTORS COMPANY 401(K) PLAN is 108

In 2022, the average participant retirement account value for LONG MOTORS COMPANY 401(K) PLAN is $66,797

In 2022, the estimated average employee contribution amount per participant for LONG MOTORS COMPANY 401(K) PLAN is $2,946

In 2022, the estimated average employer match for an employee in LONG MOTORS COMPANY 401(K) PLAN is approximately $561

In 2022, LONG MOTORS COMPANY 401(K) PLAN allocates $60,619 to match its employees’ contributions, providing an employer match rate of 19.50% of their contributions

In 2022, the total retirement plan asset growth rate of LONG MOTORS COMPANY 401(K) PLAN is -10.38%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG MOTORS COMPANY 401(K) PLAN is -12.73%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG MOTORS COMPANY 401(K) PLAN is 0.39%.

Enrollment Features

LONG MOTORS COMPANY 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.