LONGHORN, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LONGHORN, INC. 401(K) PLAN is $7,445,373.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in LONGHORN, INC. 401(K) PLAN is 118

In 2022, the average participant retirement account value for LONGHORN, INC. 401(K) PLAN is $63,096

In 2022, the estimated average employee contribution amount per participant for LONGHORN, INC. 401(K) PLAN is $2,417

In 2022, the estimated average employer match for an employee in LONGHORN, INC. 401(K) PLAN is approximately $2,447

In 2022, LONGHORN, INC. 401(K) PLAN allocates $288,863 to match its employees’ contributions, providing an employer match rate of 101.69% of their contributions

In 2022, the total retirement plan asset growth rate of LONGHORN, INC. 401(K) PLAN is -9.75%

In 2022, the estimated aggregate retirement account investment gain/loss for LONGHORN, INC. 401(K) PLAN is -14.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONGHORN, INC. 401(K) PLAN is 0.70%.

Enrollment Features

LONGHORN, 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.