LOFFLER BUSINESS SYSTEMS INC

Plan Contact

  • Address: 1101 E 78TH STREET,BLOOMINGTON,MN
  • Contact person: ALISSA OSLAND
  • Phone: (952) 925-6800

Plan General Information

LOFFLER BUSINESS SYSTEMS INC Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of LOFFLER BUSINESS SYSTEMS INC is $6,664,135.00.This plan was established in 1996.

LOFFLER BUSINESS SYSTEMS INC Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in LOFFLER BUSINESS SYSTEMS INC is 274

LOFFLER BUSINESS SYSTEMS INC Average Participant Retirement Account Value

In 2009, the average participant retirement account value for LOFFLER BUSINESS SYSTEMS INC is $24,321.00

LOFFLER BUSINESS SYSTEMS INC Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for LOFFLER BUSINESS SYSTEMS INC is $5,474.00.

LOFFLER BUSINESS SYSTEMS INC Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in LOFFLER BUSINESS SYSTEMS INC is approximately $1,027.00
Investing in this additonal $1,027.00 for 20 years would give you extra $65,773.00, assuming a 10% annual return.

LOFFLER BUSINESS SYSTEMS INC Total Employer Contribution and Match Rate

In 2009, LOFFLER BUSINESS SYSTEMS INC allocates $281,594.00 to match its employees' contributions, providing an employer match rate of 37.54% of their contributions

LOFFLER BUSINESS SYSTEMS INC Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of LOFFLER BUSINESS SYSTEMS INC is 39.48%.

LOFFLER BUSINESS SYSTEMS INC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for LOFFLER BUSINESS SYSTEMS INC is 34.03%. This measures the effectiveness of the plan participants' investments in the year.

LOFFLER BUSINESS SYSTEMS INC Expense Ratio

In 2009, the investment and administrative expense ratio of LOFFLER BUSINESS SYSTEMS INC is 0.05%.

Enrollment Features

LOFFLER BUSINESS SYSTEMS INC 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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