LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 16850 CHICAGO AVENUE,LANSING,IL
- Contact person: GEORGE SMOLAR
- Phone: (708) 418-2890
Plan General Information
At the end of 2022, the total retirement plan assets of LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is $33,741,928.This plan was established in 1992.
At the end of 2022, the total number of retirement plan participants in LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is 974
In 2022, the average participant retirement account value for LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is $34,642
In 2022, the estimated average employee contribution amount per participant for LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is $3,034
In 2022, the estimated average employer match for an employee in LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is approximately $973
In 2022, LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN allocates $948,118 to match its employees’ contributions, providing an employer match rate of 32.23% of their contributions
In 2022, the total retirement plan asset growth rate of LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is -14.44%
In 2022, the estimated aggregate retirement account investment gain/loss for LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is -15.58%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LAND O’FROST 401(K) RETIREMENT SAVINGS PLAN is 0.54%.
Enrollment Features
LAND O’FROST 401(K) 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.