LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST

Overview

Plan Contact

  • Address: 39375 COUNTY HIGHWAY 24,MORTON,MN
  • Contact person: ANNE O’KEEFE
  • Phone: (507) 697-8105

Plan General Information


At the end of 2022, the total retirement plan assets of LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is $7,162,662.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is 666

In 2022, the average participant retirement account value for LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is $10,754

In 2022, the estimated average employee contribution amount per participant for LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is $910

In 2022, the estimated average employer match for an employee in LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is approximately $261

In 2022, LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST allocates $173,837 to match its employees’ contributions, providing an employer match rate of 29.43% of their contributions

In 2022, the total retirement plan asset growth rate of LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is -18.37%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is -16.35%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST is 1.10%.

Enrollment Features

LOWER SIOUX INDIAN COMMUNITY 401(K) RETIREMENT PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.