LORENZO FORD 401K PLAN
Overview
Plan Contact
- Address: 30725 S. FEDERAL HWY.,HOMESTEAD,FL
- Contact person: KATERIT TORRES
- Phone: (305) 247-5112
Plan General Information
At the end of 2022, the total retirement plan assets of LORENZO FORD 401K PLAN is $589,357.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in LORENZO FORD 401K PLAN is 132
In 2022, the average participant retirement account value for LORENZO FORD 401K PLAN is $4,464
In 2022, the estimated average employee contribution amount per participant for LORENZO FORD 401K PLAN is $2,388
In 2022, the estimated average employer match for an employee in LORENZO FORD 401K PLAN is approximately $241
In 2022, LORENZO FORD 401K PLAN allocates $31,828 to match its employees’ contributions, providing an employer match rate of 20.19% of their contributions
In 2022, the total retirement plan asset growth rate of LORENZO FORD 401K PLAN is 18.77%
In 2022, the estimated aggregate retirement account investment gain/loss for LORENZO FORD 401K PLAN is -9.34%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LORENZO FORD 401K PLAN is 0.12%.