LIMESTONE UNIVERSITY RETIREMENT PLAN

Plan Contact

  • Address: 1115 COLLEGE DRIVE,GAFFNEY,SC
  • Contact person: PATTI LANKFORD
  • Phone: (864) 488-4574

Plan General Information

LIMESTONE UNIVERSITY RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LIMESTONE UNIVERSITY RETIREMENT PLAN is $33,857,030.00.This plan was established in 1963.

LIMESTONE UNIVERSITY RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LIMESTONE UNIVERSITY RETIREMENT PLAN is 674

LIMESTONE UNIVERSITY RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LIMESTONE UNIVERSITY RETIREMENT PLAN is $50,232.00

LIMESTONE UNIVERSITY RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LIMESTONE UNIVERSITY RETIREMENT PLAN is $1,072.00.

LIMESTONE UNIVERSITY RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LIMESTONE UNIVERSITY RETIREMENT PLAN is approximately $694.00
Investing in this additonal $694.00 for 20 years would give you extra $44,437.00, assuming a 10% annual return.

LIMESTONE UNIVERSITY RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, LIMESTONE UNIVERSITY RETIREMENT PLAN allocates $467,984.00 to match its employees' contributions, providing an employer match rate of 68.05% of their contributions

LIMESTONE UNIVERSITY RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LIMESTONE UNIVERSITY RETIREMENT PLAN is 5.06%.

LIMESTONE UNIVERSITY RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LIMESTONE UNIVERSITY RETIREMENT PLAN is 14.16%. This measures the effectiveness of the plan participants' investments in the year.

LIMESTONE UNIVERSITY RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LIMESTONE UNIVERSITY RETIREMENT PLAN is 0.00%.

Enrollment Features

LIMESTONE UNIVERSITY RETIREMENT 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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