LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST
Overview
Plan Contact
- Address: 4951 AIRPORT PARKWAY,,ADDISON,TX
- Contact person: AMY JACOBS
- Phone: (972) 556-0656
Plan General Information
At the end of 2021, the total retirement plan assets of LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is $666,443.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is 122
In 2021, the average participant retirement account value for LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is $5,462
In 2021, the estimated average employee contribution amount per participant for LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is $1,070
In 2021, the estimated average employer match for an employee in LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is approximately $0
In 2021, LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST allocates $74 to match its employees’ contributions, providing an employer match rate of 0.06% of their contributions
In 2021, the total retirement plan asset growth rate of LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is 28.15%
In 2021, the estimated aggregate retirement account investment gain/loss for LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is 12.77%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST is 0.92%.
Enrollment Features
LOW VOLTAGE SOLUTIONS INC 401K PROFIT SHARING PLAN AND TRUST 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.