RICHARD LUNDGREN, INC. 401(K) PLAN

Plan Contact

  • Address: 163 WASHINGTON STREET,AUBURN,MA
  • Phone: (508) 832-6200

Plan General Information

RICHARD LUNDGREN, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RICHARD LUNDGREN, INC. 401(K) PLAN is $8,159,737.00.This plan was established in 1989.

RICHARD LUNDGREN, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RICHARD LUNDGREN, INC. 401(K) PLAN is 364

RICHARD LUNDGREN, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RICHARD LUNDGREN, INC. 401(K) PLAN is $22,416.00

RICHARD LUNDGREN, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RICHARD LUNDGREN, INC. 401(K) PLAN is $2,199.00.

RICHARD LUNDGREN, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RICHARD LUNDGREN, INC. 401(K) PLAN is approximately $235.00
Investing in this additonal $235.00 for 20 years would give you extra $15,103.00, assuming a 10% annual return.

RICHARD LUNDGREN, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, RICHARD LUNDGREN, INC. 401(K) PLAN allocates $85,903.00 to match its employees' contributions, providing an employer match rate of 12.54% of their contributions

RICHARD LUNDGREN, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RICHARD LUNDGREN, INC. 401(K) PLAN is 28.27%.

RICHARD LUNDGREN, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RICHARD LUNDGREN, INC. 401(K) PLAN is 20.05%. This measures the effectiveness of the plan participants' investments in the year.

RICHARD LUNDGREN, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of RICHARD LUNDGREN, INC. 401(K) PLAN is 0.27%.

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