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LEN THE PLUMBER, LLC RETIREMENT PLAN

Plan Contact

  • Address: 1552 RIDGELY STREET,BALTIMORE,MD
  • Phone: (443) 563-1812

Plan General Information

LEN THE PLUMBER, LLC RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LEN THE PLUMBER, LLC RETIREMENT PLAN is $9,498,941.00.This plan was established in 1999.

LEN THE PLUMBER, LLC RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LEN THE PLUMBER, LLC RETIREMENT PLAN is 533

LEN THE PLUMBER, LLC RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LEN THE PLUMBER, LLC RETIREMENT PLAN is $17,821.00

LEN THE PLUMBER, LLC RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LEN THE PLUMBER, LLC RETIREMENT PLAN is $5,918.00.

LEN THE PLUMBER, LLC RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LEN THE PLUMBER, LLC RETIREMENT PLAN is approximately $303.00
Investing in this additonal $303.00 for 20 years would give you extra $19,429.00, assuming a 10% annual return.

LEN THE PLUMBER, LLC RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, LEN THE PLUMBER, LLC RETIREMENT PLAN allocates $161,814.00 to match its employees' contributions, providing an employer match rate of 10.26% of their contributions

LEN THE PLUMBER, LLC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LEN THE PLUMBER, LLC RETIREMENT PLAN is 30.71%.

LEN THE PLUMBER, LLC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LEN THE PLUMBER, LLC RETIREMENT PLAN is 20.88%. This measures the effectiveness of the plan participants' investments in the year.

LEN THE PLUMBER, LLC RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LEN THE PLUMBER, LLC RETIREMENT PLAN is 0.52%.

Enrollment Features

LEN THE PLUMBER, LLC RETIREMENT 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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