LINC 401(K) RETIREMENT/SAVINGS PLAN

  • Address: 3100 BROADWAY STREET,,KANSAS CITY,MO
  • Contact person: TRENT DEVREUGD
  • Phone: (816) 889-5055

LINC 401(K) RETIREMENT/SAVINGS 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 LINC 401(K) RETIREMENT/SAVINGS PLAN is $13,246,433.00.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LINC 401(K) RETIREMENT/SAVINGS PLAN is 265

In 2022, the average participant retirement account value for LINC 401(K) RETIREMENT/SAVINGS PLAN is $49,986.00

In 2022, the estimated average employee contribution amount per participant for LINC 401(K) RETIREMENT/SAVINGS PLAN is $1,756.00

In 2022, the estimated average employer match for an employee in LINC 401(K) RETIREMENT/SAVINGS PLAN is approximately $2,556.00

In 2022, LINC 401(K) RETIREMENT/SAVINGS PLAN allocates $677,410.00 to match its employees' contributions, providing an employer match rate of 145.23% of their contributions

In 2022, the total retirement plan asset growth rate of LINC 401(K) RETIREMENT/SAVINGS PLAN is -14.91%

In 2022, the estimated aggregate retirement account investment gain/loss for LINC 401(K) RETIREMENT/SAVINGS PLAN is -15.26%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of LINC 401(K) RETIREMENT/SAVINGS PLAN is 0.44%.

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