LORD & SONS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LORD & SONS, INC. 401(K) PLAN is $7,851,058.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LORD & SONS, INC. 401(K) PLAN is 175

In 2022, the average participant retirement account value for LORD & SONS, INC. 401(K) PLAN is $44,863

In 2022, the estimated average employee contribution amount per participant for LORD & SONS, INC. 401(K) PLAN is $2,862

In 2022, the estimated average employer match for an employee in LORD & SONS, INC. 401(K) PLAN is approximately $1,464

In 2022, LORD & SONS, INC. 401(K) PLAN allocates $256,257 to match its employees’ contributions, providing an employer match rate of 51.90% of their contributions

In 2022, the total retirement plan asset growth rate of LORD & SONS, INC. 401(K) PLAN is -10.61%

In 2022, the estimated aggregate retirement account investment gain/loss for LORD & SONS, INC. 401(K) PLAN is -14.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LORD & SONS, INC. 401(K) PLAN is 0.21%.

Enrollment Features

LORD & SONS, 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.