LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN
Plan Contact
- Address: 503 CENTURY LANE,HOLLAND,MI
- Contact person: JACK DEMAAGD
- Phone: (616) 396-1245
Plan General Information
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Total Retirement Plan Assets
At the end of 2014, the total retirement plan assets of LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is $4,678,114.00.This plan was established in 1992.
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2014, the total number of retirement plan participants in LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is 242
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Average Participant Retirement Account Value
In 2014, the average participant retirement account value for LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is $19,331.00
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2014, the estimated average employee contribution amount per participant for LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is $1,637.00.
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Estimated Average Employer Match
In 2014, the estimated average employer match for an employee in LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is approximately $193.00
Investing in this additonal $193.00 for 20 years would give you extra $12,399.00, assuming a 10% annual return.
Investing in this additonal $193.00 for 20 years would give you extra $12,399.00, assuming a 10% annual return.
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Total Employer Contribution and Match Rate
In 2014, LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN allocates $46,886.00 to match its employees' contributions, providing an employer match rate of 23.67% of their contributions
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2014, the total retirement plan asset growth rate of LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is 4.84%.
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2014, the estimated aggregate retirement account investment gain/loss for LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is 5.94%. This measures the effectiveness of the plan participants' investments in the year.
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN Expense Ratio
In 2014, the investment and administrative expense ratio of LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN is 0.18%.
Enrollment Features
LAMAR CONSTRUCTION COMPANY 401K SAVINGS PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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