LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN

Overview

Plan Contact

  • Address: 4520 BISHOP LANE,LOUISVILLE,KY
  • Contact person: WALTER W NEWELL
  • Phone: (502) 479-9345

Plan General Information


At the end of 2022, the total retirement plan assets of LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is $9,217,767.This plan was established in 1983.

At the end of 2022, the total number of retirement plan participants in LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is 215

In 2022, the average participant retirement account value for LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is $42,873

In 2022, the estimated average employee contribution amount per participant for LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is $2,642

In 2022, the estimated average employer match for an employee in LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is approximately $843

In 2022, LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN allocates $181,439 to match its employees’ contributions, providing an employer match rate of 33.09% of their contributions

In 2022, the total retirement plan asset growth rate of LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is -32.08%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is -16.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN is 0.11%.

Enrollment Features

LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.