LOCAL MOTION, INC. 401(K) PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2022, LOCAL MOTION, INC. 401(K) PLAN allocates $124,591 to match its employees’ contributions, providing an employer match rate of 29.20% of their contributions
In 2022, the estimated average employer match for an employee in LOCAL MOTION, INC. 401(K) PLAN is approximately $571