LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is $4,023,744.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is 159

In 2022, the average participant retirement account value for LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is $25,306

In 2022, the estimated average employee contribution amount per participant for LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is $2,441

In 2022, the estimated average employer match for an employee in LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is approximately $2,033

In 2022, LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN allocates $323,310 to match its employees’ contributions, providing an employer match rate of 82.51% of their contributions

In 2022, the total retirement plan asset growth rate of LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is -4.40%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is -16.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS PLAN is 1.04%.

Enrollment Features

LOUISIANA SCRAP METAL RECYCLING RETIREMENT SAVINGS 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.