LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN

  • Address: 2201 HIGHWAY 21 BUSINESS,,FORT MILL,SC
  • Contact person: DAVID WORLEY
  • Phone: (803) 547-1278

LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND 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.

At the end of 2022, the total retirement plan assets of LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $5,772,292.00.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is 176

In 2022, the average participant retirement account value for LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $32,797.00

In 2022, the estimated average employee contribution amount per participant for LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $2,132.00

In 2022, the estimated average employer match for an employee in LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is approximately $1,214.00

In 2022, LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN allocates $213,839.00 to match its employees' contributions, providing an employer match rate of 58.64% of their contributions

In 2022, the total retirement plan asset growth rate of LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is -10.79%

In 2022, the estimated aggregate retirement account investment gain/loss for LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is -15.20%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of LEROY SPRINGS & COMPANY, INC. 401(K) SAVINGS AND RETIREMENT PLAN is 0.33%.

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