LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: PO BOX 877,UNIONTOWN,PA
- Contact person: TRACY ZIVKOVICH
- Phone: (724) 439-4900
Plan General Information
At the end of 2022, the total retirement plan assets of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $2,479,941.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is 166
In 2022, the average participant retirement account value for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $14,939
In 2022, the estimated average employee contribution amount per participant for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is $1,219
In 2022, the estimated average employer match for an employee in LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is approximately $529
In 2022, LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST allocates $87,909 to match its employees’ contributions, providing an employer match rate of 45.62% of their contributions
In 2022, the total retirement plan asset growth rate of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is -36.35%
In 2022, the estimated aggregate retirement account investment gain/loss for LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is -17.88%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST is 0.02%.
Enrollment Features
LAUREL BUSINESS INSTITUTE 401(K) PROFIT SHARING PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.