LONG WAVE, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 1111 N. LEE SUITE 334,OKLAHOMA CITY,OK
  • Contact person: MINDY HOPGOOD
  • Phone: (405) 235-2217

Plan General Information


At the end of 2022, the total retirement plan assets of LONG WAVE, INC. 401(K) PLAN is $5,283,179.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in LONG WAVE, INC. 401(K) PLAN is 138

In 2022, the average participant retirement account value for LONG WAVE, INC. 401(K) PLAN is $38,283

In 2022, the estimated average employee contribution amount per participant for LONG WAVE, INC. 401(K) PLAN is $4,048

In 2022, the estimated average employer match for an employee in LONG WAVE, INC. 401(K) PLAN is approximately $449

In 2022, LONG WAVE, INC. 401(K) PLAN allocates $62,099 to match its employees’ contributions, providing an employer match rate of 11.80% of their contributions

In 2022, the total retirement plan asset growth rate of LONG WAVE, INC. 401(K) PLAN is -27.38%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG WAVE, INC. 401(K) PLAN is -15.97%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG WAVE, INC. 401(K) PLAN is 0.82%.

Enrollment Features

LONG WAVE, INC. 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.