LEGACY EDUCATION ALLIANCE, INC. 401K PLAN
Plan Contact
- Address: 1490 NE PINE ISLAND RD,,CAPE CORAL,FL
- Contact person: JAMES MAY
- Phone: (239) 542-0643
Plan General Information
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is $2,573,777.00.This plan was established in 2000.
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is 182
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Average Participant Retirement Account Value
In 2020, the average participant retirement account value for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is $14,141.00
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is $867.00.
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is approximately $269.00
Investing in this additonal $269.00 for 20 years would give you extra $17,221.00, assuming a 10% annual return.
Investing in this additonal $269.00 for 20 years would give you extra $17,221.00, assuming a 10% annual return.
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Total Employer Contribution and Match Rate
In 2020, LEGACY EDUCATION ALLIANCE, INC. 401K PLAN allocates $48,974.00 to match its employees' contributions, providing an employer match rate of 62.03% of their contributions
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is -22.56%.
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is 15.26%. This measures the effectiveness of the plan participants' investments in the year.
LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Expense Ratio
In 2020, the investment and administrative expense ratio of LEGACY EDUCATION ALLIANCE, INC. 401K PLAN is 0.51%.
Enrollment Features
LEGACY EDUCATION ALLIANCE, INC. 401K 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.
Recent Articles
- May 2025 MyPlanIQ Portfolio Update
- One Fund Does It All
- Target Date Funds for Young Professionals
- Top 10 Target Date Fund Providers for Retirement Investing
- The One-Fund 401(k) Portfolio: Simple Yet Does Its Job
- Roth IRAs for Retirees
- Lazy Portfolios Aren't Lazy in Growing Wealth
- Lazy Portfolios in Different Market Conditions
- Tax-Efficient Lazy Portfolios
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...