LAZER SPOT, INC. 401(K) PLAN
Plan Contact
- Address: 6525 SHILOH ROAD,,ALPHARETTA,GA
- Contact person: KIMBERLY GLASS
- Phone: (678) 771-2905
Plan General Information
LAZER SPOT, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LAZER SPOT, INC. 401(K) PLAN is $38,265,088.00.This plan was established in 2003.
LAZER SPOT, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LAZER SPOT, INC. 401(K) PLAN is 4297
LAZER SPOT, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LAZER SPOT, INC. 401(K) PLAN is $8,905.00
LAZER SPOT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for LAZER SPOT, INC. 401(K) PLAN is $2,070.00.
LAZER SPOT, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LAZER SPOT, INC. 401(K) PLAN is approximately $1,079.00
Investing in this additonal $1,079.00 for 20 years would give you extra $69,118.00, assuming a 10% annual return.
Investing in this additonal $1,079.00 for 20 years would give you extra $69,118.00, assuming a 10% annual return.
LAZER SPOT, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, LAZER SPOT, INC. 401(K) PLAN allocates $4,640,688.00 to match its employees' contributions, providing an employer match rate of 60.02% of their contributions
LAZER SPOT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LAZER SPOT, INC. 401(K) PLAN is 34.88%.
LAZER SPOT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LAZER SPOT, INC. 401(K) PLAN is 16.35%. This measures the effectiveness of the plan participants' investments in the year.
LAZER SPOT, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LAZER SPOT, INC. 401(K) PLAN is 0.55%.
Enrollment Features
LAZER SPOT, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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