LOTT OIL COMPANY, INC. 401K PLAN

Overview

Plan Contact

  • Address: 1855 SOUTH DRIVE,NATCHITOCHES,LA
  • Contact person: DANIEL BRODERICK
  • Phone: (318) 352-2055

Plan General Information


At the end of 2022, the total retirement plan assets of LOTT OIL COMPANY, INC. 401K PLAN is $4,682,327.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in LOTT OIL COMPANY, INC. 401K PLAN is 245

In 2022, the average participant retirement account value for LOTT OIL COMPANY, INC. 401K PLAN is $19,111

In 2022, the estimated average employee contribution amount per participant for LOTT OIL COMPANY, INC. 401K PLAN is $1,355

In 2022, the estimated average employer match for an employee in LOTT OIL COMPANY, INC. 401K PLAN is approximately $697

In 2022, LOTT OIL COMPANY, INC. 401K PLAN allocates $170,928 to match its employees’ contributions, providing an employer match rate of 49.15% of their contributions

In 2022, the total retirement plan asset growth rate of LOTT OIL COMPANY, INC. 401K PLAN is -11.79%

In 2022, the estimated aggregate retirement account investment gain/loss for LOTT OIL COMPANY, INC. 401K PLAN is -15.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOTT OIL COMPANY, INC. 401K PLAN is 0.63%.

Enrollment Features