LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 60 A SOUTH AVENUE,BURLINGTON,MA
  • Contact person: AVERY CASPER-FILBIN
  • Phone: (781) 273-2400

Plan General Information


At the end of 2022, the total retirement plan assets of LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is $10,942,754.This plan was established in 1967.

At the end of 2022, the total number of retirement plan participants in LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is 137

In 2022, the average participant retirement account value for LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is $79,874

In 2022, the estimated average employee contribution amount per participant for LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is $4,161

In 2022, the estimated average employer match for an employee in LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is approximately $1,298

In 2022, LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN allocates $177,884 to match its employees’ contributions, providing an employer match rate of 31.78% of their contributions

In 2022, the total retirement plan asset growth rate of LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is -16.99%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is -19.97%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG’S JEWELERS, LTD 401(K) PROFIT SHARING PLAN is 0.74%.

Enrollment Features

LONG’S JEWELERS, LTD 401(K) PROFIT SHARING 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.