LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2021, the total retirement plan assets of LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is $6,453,885.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is 195

In 2021, the average participant retirement account value for LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is $33,096

In 2021, the estimated average employee contribution amount per participant for LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is $6,039

In 2021, the estimated average employer match for an employee in LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $3,635

In 2021, LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $708,868 to match its employees’ contributions, providing an employer match rate of 60.19% of their contributions

In 2021, the total retirement plan asset growth rate of LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is 66.34%

In 2021, the estimated aggregate retirement account investment gain/loss for LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is 17.21%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST is 0.37%.

Enrollment Features

LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN & TRUST 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.