LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2021, the total retirement plan assets of LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $11,981,122.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 207

In 2021, the average participant retirement account value for LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $57,879

In 2021, the estimated average employee contribution amount per participant for LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is $6,206

In 2021, the estimated average employer match for an employee in LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,541

In 2021, LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST allocates $526,081 to match its employees’ contributions, providing an employer match rate of 40.95% of their contributions

In 2021, the total retirement plan asset growth rate of LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 23.72%

In 2021, the estimated aggregate retirement account investment gain/loss for LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 14.74%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & TRUST is 0.30%.

Enrollment Features

LOTUS INTERNATIONAL COMPANY 401(K) PROFIT SHARING PLAN & 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.