LAMETTRY'S COLLISION, INC. 401(K) PLAN

Plan Contact

  • Address: 4700 S ROBERT TRAIL,INVER GROVE HEIGHTS,MN
  • Contact person: STEVE DANIEL
  • Phone: (612) 490-7794

Plan General Information

LAMETTRY'S COLLISION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LAMETTRY'S COLLISION, INC. 401(K) PLAN is $25,371,905.00.This plan was established in 1992.

LAMETTRY'S COLLISION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LAMETTRY'S COLLISION, INC. 401(K) PLAN is 329

LAMETTRY'S COLLISION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LAMETTRY'S COLLISION, INC. 401(K) PLAN is $77,118.00

LAMETTRY'S COLLISION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LAMETTRY'S COLLISION, INC. 401(K) PLAN is $5,129.00.

LAMETTRY'S COLLISION, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LAMETTRY'S COLLISION, INC. 401(K) PLAN is approximately $1,312.00
Investing in this additonal $1,312.00 for 20 years would give you extra $83,972.00, assuming a 10% annual return.

LAMETTRY'S COLLISION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, LAMETTRY'S COLLISION, INC. 401(K) PLAN allocates $431,670.00 to match its employees' contributions, providing an employer match rate of 26.42% of their contributions

LAMETTRY'S COLLISION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LAMETTRY'S COLLISION, INC. 401(K) PLAN is 28.60%.

LAMETTRY'S COLLISION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LAMETTRY'S COLLISION, INC. 401(K) PLAN is 20.06%. This measures the effectiveness of the plan participants' investments in the year.

LAMETTRY'S COLLISION, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LAMETTRY'S COLLISION, INC. 401(K) PLAN is 0.32%.

Enrollment Features

LAMETTRY'S COLLISION, INC. 401(K) 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.

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