LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is $64,307,453.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is 922

In 2022, the average participant retirement account value for LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is $69,747

In 2022, the estimated average employee contribution amount per participant for LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is $3,876

In 2022, the estimated average employer match for an employee in LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is approximately $1,434

In 2022, LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN allocates $1,322,670 to match its employees’ contributions, providing an employer match rate of 37.91% of their contributions

In 2022, the total retirement plan asset growth rate of LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is -14.70%

In 2022, the estimated aggregate retirement account investment gain/loss for LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is -16.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN is 0.25%.

Enrollment Features

LOU FUSZ AUTOMOTIVE NETWORK RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.