LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST

At the end of 2022, the total retirement plan assets of LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is $7,688,632.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is 261

In 2022, the average participant retirement account value for LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is $29,458

In 2022, the estimated average employee contribution amount per participant for LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is $2,450

In 2022, the estimated average employer match for an employee in LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is approximately $243

In 2022, LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST allocates $63,482 to match its employees’ contributions, providing an employer match rate of 9.70% of their contributions

In 2022, the total retirement plan asset growth rate of LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is -9.53%

In 2022, the estimated aggregate retirement account investment gain/loss for LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is -11.21%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST is 0.71%.

Enrollment Features

LORENSEN ENTERPRISES INC. 401(K) PSP & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.