UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA

  • Address: 51 CENTURY BLVD., SUITE 230,NASHVILLE,TN
  • Contact person: DAPHENE NANCE
  • Phone: (615) 316-5216

UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA 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 2021, the total retirement plan assets of UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is $32,302,414.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is 231

In 2021, the average participant retirement account value for UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is $139,837.00

In 2021, the estimated average employee contribution amount per participant for UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is $4,279.00

In 2021, the estimated average employer match for an employee in UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is approximately $933.00

In 2021, UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA allocates $215,683.00 to match its employees' contributions, providing an employer match rate of 21.82% of their contributions

In 2021, the total retirement plan asset growth rate of UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is 10.55%

In 2021, the estimated aggregate retirement account investment gain/loss for UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is 13.97%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLA is 0.24%.

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