LOW BOOK SALES 401(K) PLAN

Overview

Plan Contact

  • Address: 590 N STATE STREET,LINDON,UT
  • Contact person: CHAS FELT
  • Phone: (801) 922-9151

Plan General Information


At the end of 2022, the total retirement plan assets of LOW BOOK SALES 401(K) PLAN is $1,932,178.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in LOW BOOK SALES 401(K) PLAN is 118

In 2022, the average participant retirement account value for LOW BOOK SALES 401(K) PLAN is $16,374

In 2022, the estimated average employee contribution amount per participant for LOW BOOK SALES 401(K) PLAN is $1,155

In 2022, the estimated average employer match for an employee in LOW BOOK SALES 401(K) PLAN is approximately $1,680

In 2022, LOW BOOK SALES 401(K) PLAN allocates $198,285 to match its employees’ contributions, providing an employer match rate of 144.85% of their contributions

In 2022, the total retirement plan asset growth rate of LOW BOOK SALES 401(K) PLAN is -10.49%

In 2022, the estimated aggregate retirement account investment gain/loss for LOW BOOK SALES 401(K) PLAN is -16.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOW BOOK SALES 401(K) PLAN is 1.08%.

Enrollment Features

LOW BOOK SALES 401(K) 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.