SAM LEMAN I, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 200 E COURTLAND ST.,MORTON,IL
  • Contact person: CHRISTOPHER HULSE
  • Phone: (309) 263-2345

Plan General Information


At the end of 2022, the total retirement plan assets of SAM LEMAN I, LLC 401(K) PLAN is $23,962,347.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in SAM LEMAN I, LLC 401(K) PLAN is 446

In 2022, the average participant retirement account value for SAM LEMAN I, LLC 401(K) PLAN is $53,727

In 2022, the estimated average employee contribution amount per participant for SAM LEMAN I, LLC 401(K) PLAN is $4,148

In 2022, the estimated average employer match for an employee in SAM LEMAN I, LLC 401(K) PLAN is approximately $1,894

In 2022, SAM LEMAN I, LLC 401(K) PLAN allocates $844,935 to match its employees’ contributions, providing an employer match rate of 44.92% of their contributions

In 2022, the total retirement plan asset growth rate of SAM LEMAN I, LLC 401(K) PLAN is -8.89%

In 2022, the estimated aggregate retirement account investment gain/loss for SAM LEMAN I, LLC 401(K) PLAN is -14.28%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAM LEMAN I, LLC 401(K) PLAN is 0.35%.

Enrollment Features

SAM LEMAN I, LLC 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.