LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES

  • Address: 3 EXECUTIVE CAMPUS, SUITE 200,CHERRY HILL,NJ
  • Contact person: LAURIE LARUE
  • Phone: (856) 455-1000

LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES 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.
    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.

At the end of 2022, the total retirement plan assets of LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is $44,723,040.00.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is 808

In 2022, the average participant retirement account value for LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is $55,350.00

In 2022, the estimated average employee contribution amount per participant for LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is $3,591.00

In 2022, the estimated average employer match for an employee in LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is approximately $1,907.00

In 2022, LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES allocates $1,541,207.00 to match its employees' contributions, providing an employer match rate of 53.91% of their contributions

In 2022, the total retirement plan asset growth rate of LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is -13.30%

In 2022, the estimated aggregate retirement account investment gain/loss for LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is -15.11%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES is 0.31%.

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