LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 333 S 7TH ST,,MINNEAPOLIS,MN
  • Contact person: TERESE PILACZYNSKI
  • Phone: (612) 277-0571

Plan General Information


At the end of 2021, the total retirement plan assets of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is $18,583,220.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is 283

In 2021, the average participant retirement account value for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is $65,665

In 2021, the estimated average employee contribution amount per participant for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is $4,918

In 2021, the estimated average employer match for an employee in LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,294

In 2021, LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST allocates $649,298 to match its employees’ contributions, providing an employer match rate of 46.64% of their contributions

In 2021, the total retirement plan asset growth rate of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is 145.85%

In 2021, the estimated aggregate retirement account investment gain/loss for LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is 127.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST is 0.41%.

Enrollment Features

LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.