LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST

Overview

Plan Contact

  • Address: 2432 W. BIRCHWOOD AVENUE,MESA,AZ
  • Contact person: WILLIAM H. BOBERTZ
  • Phone: (480) 820-6244

Plan General Information


At the end of 2022, the total retirement plan assets of LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is $5,954,910.This plan was established in 1979.

At the end of 2022, the total number of retirement plan participants in LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is 147

In 2022, the average participant retirement account value for LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is $40,509

In 2022, the estimated average employee contribution amount per participant for LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is $2,516

In 2022, the estimated average employer match for an employee in LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is approximately $210

In 2022, LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST allocates $30,911 to match its employees’ contributions, providing an employer match rate of 8.30% of their contributions

In 2022, the total retirement plan asset growth rate of LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is -22.02%

In 2022, the estimated aggregate retirement account investment gain/loss for LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is -15.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST is 0.48%.

Enrollment Features

LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST 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.