LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN

Overview

Plan Contact

  • Address: PO DRAWER 536,RESERVE,LA
  • Contact person: DEVIN BRANCH
  • Phone: (985) 536-0902

Plan General Information


At the end of 2022, the total retirement plan assets of LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is $58,545,121.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is 888

In 2022, the average participant retirement account value for LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is $65,929

In 2022, the estimated average employee contribution amount per participant for LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is $4,294

In 2022, the estimated average employer match for an employee in LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is approximately $1,579

In 2022, LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN allocates $1,402,209 to match its employees’ contributions, providing an employer match rate of 37.29% of their contributions

In 2022, the total retirement plan asset growth rate of LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is -16.60%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is -17.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) PLAN is 0.06%.

Enrollment Features

LOUISIANA MACHINERY COMPANY, L. L. C. 401(K) 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.