LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: PO BOX 122,DUNDEE,MI
- Contact person: SANDRA FINK
- Phone: (734) 529-4219
Plan General Information
At the end of 2021, the total retirement plan assets of LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is $1,137,652,152.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is 7048
In 2021, the average participant retirement account value for LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is $161,414
In 2021, the estimated average employee contribution amount per participant for LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is $5,700
In 2021, the estimated average employer match for an employee in LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is approximately $5,523
In 2021, LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN allocates $38,928,195 to match its employees’ contributions, providing an employer match rate of 96.89% of their contributions
In 2021, the total retirement plan asset growth rate of LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is 12.78%
In 2021, the estimated aggregate retirement account investment gain/loss for LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is 14.24%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of LAFARGEHOLCIM US RETIREMENT SAVINGS PLAN is 0.10%.
Enrollment Features
LAFARGEHOLCIM US RETIREMENT SAVINGS 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.