LONGCHAMP 401(K)PLAN

At the end of 2022, the total retirement plan assets of LONGCHAMP 401(K)PLAN is $7,671,991.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in LONGCHAMP 401(K)PLAN is 202

In 2022, the average participant retirement account value for LONGCHAMP 401(K)PLAN is $37,980

In 2022, the estimated average employee contribution amount per participant for LONGCHAMP 401(K)PLAN is $1,784

In 2022, the estimated average employer match for an employee in LONGCHAMP 401(K)PLAN is approximately $1,014

In 2022, LONGCHAMP 401(K)PLAN allocates $205,025 to match its employees’ contributions, providing an employer match rate of 53.56% of their contributions

In 2022, the total retirement plan asset growth rate of LONGCHAMP 401(K)PLAN is -15.69%

In 2022, the estimated aggregate retirement account investment gain/loss for LONGCHAMP 401(K)PLAN is -16.47%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONGCHAMP 401(K)PLAN is 0.47%.

Enrollment Features

LONGCHAMP 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.