LITCO PETROLEUM, INC. 401(K) PLAN
Plan Contact
- Address: PO BOX 1088,CORINTH,MS
- Contact person: MANUEL LENTZ
- Phone: (662) 287-1471
Plan General Information
LITCO PETROLEUM, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2016, the total retirement plan assets of LITCO PETROLEUM, INC. 401(K) PLAN is $2,828,000.00.This plan was established in 1990.
LITCO PETROLEUM, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in LITCO PETROLEUM, INC. 401(K) PLAN is 192
LITCO PETROLEUM, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2016, the average participant retirement account value for LITCO PETROLEUM, INC. 401(K) PLAN is $14,729.00
LITCO PETROLEUM, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for LITCO PETROLEUM, INC. 401(K) PLAN is $1,230.00.
LITCO PETROLEUM, INC. 401(K) PLAN Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in LITCO PETROLEUM, INC. 401(K) PLAN is approximately $337.00
Investing in this additonal $337.00 for 20 years would give you extra $21,618.00, assuming a 10% annual return.
Investing in this additonal $337.00 for 20 years would give you extra $21,618.00, assuming a 10% annual return.
LITCO PETROLEUM, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2016, LITCO PETROLEUM, INC. 401(K) PLAN allocates $64,855.00 to match its employees' contributions, providing an employer match rate of 54.92% of their contributions
LITCO PETROLEUM, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2016, the total retirement plan asset growth rate of LITCO PETROLEUM, INC. 401(K) PLAN is -22.16%.
LITCO PETROLEUM, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2016, the estimated aggregate retirement account investment gain/loss for LITCO PETROLEUM, INC. 401(K) PLAN is 9.62%. This measures the effectiveness of the plan participants' investments in the year.
LITCO PETROLEUM, INC. 401(K) PLAN Expense Ratio
In 2016, the investment and administrative expense ratio of LITCO PETROLEUM, INC. 401(K) PLAN is 0.00%.
Enrollment Features
LITCO PETROLEUM, INC. 401(K) 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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