MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN
Overview
Plan Contact
- Address: 17630 PERKINS ROAD,BATON ROUGE,LA
- Contact person: ROBERT WAGNON
- Phone: (504) 887-8550
Plan General Information
At the end of 2022, the total retirement plan assets of MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is $498,809,004.This plan was established in 1998.
At the end of 2022, the total number of retirement plan participants in MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is 632
In 2022, the average participant retirement account value for MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is $789,254
In 2022, the estimated average employer match for an employee in MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is approximately $14,739
In 2022, the total retirement plan asset growth rate of MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is 5.57%
In 2022, the estimated aggregate retirement account investment gain/loss for MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is 11.74%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of MAGNOLIA EMPLOYEE STOCK OWNERSHIP PLAN is 0.00%.