LONGROAD ENERGY 401(K) PLAN
Overview
Plan Contact
- Address: 330 CONGRESS STREET,,BOSTON,MA
- Contact person: ANDREW URSITTI
- Phone: (617) 377-4319
Plan General Information
At the end of 2022, the total retirement plan assets of LONGROAD ENERGY 401(K) PLAN is $13,083,321.This plan was established in 2017.
At the end of 2022, the total number of retirement plan participants in LONGROAD ENERGY 401(K) PLAN is 182
In 2022, the average participant retirement account value for LONGROAD ENERGY 401(K) PLAN is $71,886
In 2022, the estimated average employee contribution amount per participant for LONGROAD ENERGY 401(K) PLAN is $10,924
In 2022, the estimated average employer match for an employee in LONGROAD ENERGY 401(K) PLAN is approximately $4,704
In 2022, LONGROAD ENERGY 401(K) PLAN allocates $856,193 to match its employees’ contributions, providing an employer match rate of 48.98% of their contributions
In 2022, the total retirement plan asset growth rate of LONGROAD ENERGY 401(K) PLAN is -0.20%
In 2022, the estimated aggregate retirement account investment gain/loss for LONGROAD ENERGY 401(K) PLAN is -16.97%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LONGROAD ENERGY 401(K) PLAN is 0.01%.
Enrollment Features
LONGROAD ENERGY 401(K) PLAN 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.