LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is $19,759,905.This plan was established in 1972.

At the end of 2022, the total number of retirement plan participants in LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is 214

In 2022, the average participant retirement account value for LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is $92,336

In 2022, the estimated average employee contribution amount per participant for LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is $3,325

In 2022, the estimated average employer match for an employee in LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is approximately $1,615

In 2022, LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN allocates $345,622 to match its employees’ contributions, providing an employer match rate of 47.68% of their contributions

In 2022, the total retirement plan asset growth rate of LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is -10.51%

In 2022, the estimated aggregate retirement account investment gain/loss for LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is -14.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOTSPEICH CO. OF FLORIDA, INC. 401(K) PROFIT SHARING PLAN is 0.40%.

Enrollment Features

LOTSPEICH CO. OF FLORIDA, INC. 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.