YOUNG LIVING ESSENTIAL OILS, LC

Plan Overview & Key Metrics

YOUNG LIVING ESSENTIAL OILS, LC is a defined contribution retirement plan offered by YOUNG LIVING ESSENTIAL OILS, LC. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

YOUNG LIVING ESSENTIAL OILS, LC Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of YOUNG LIVING ESSENTIAL OILS, LC is $81,282,160.00.This plan was established in 2022.

YOUNG LIVING ESSENTIAL OILS, LC Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in YOUNG LIVING ESSENTIAL OILS, LC is 2894

YOUNG LIVING ESSENTIAL OILS, LC Average Participant Retirement Account Value

In 2021, the average participant retirement account value for YOUNG LIVING ESSENTIAL OILS, LC is $28,086.00

YOUNG LIVING ESSENTIAL OILS, LC Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for YOUNG LIVING ESSENTIAL OILS, LC is $2,933.00.

YOUNG LIVING ESSENTIAL OILS, LC Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in YOUNG LIVING ESSENTIAL OILS, LC is approximately $1,367.00
Investing in this additonal $1,367.00 for 20 years would give you extra $87,515.00, assuming a 10% annual return.

YOUNG LIVING ESSENTIAL OILS, LC Total Employer Contribution and Match Rate

In 2021, YOUNG LIVING ESSENTIAL OILS, LC allocates $3,957,356.00 to match its employees’ contributions, providing an employer match rate of 46.61% of their contributions

YOUNG LIVING ESSENTIAL OILS, LC Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of YOUNG LIVING ESSENTIAL OILS, LC is 24.72%.

YOUNG LIVING ESSENTIAL OILS, LC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for YOUNG LIVING ESSENTIAL OILS, LC is 16.25%. This measures the effectiveness of the plan participants’ investments in the year.

YOUNG LIVING ESSENTIAL OILS, LC Expense Ratio

In 2021, the investment and administrative expense ratio of YOUNG LIVING ESSENTIAL OILS, LC is 0.07%.

* Data are from public filings.

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

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Enrollment & Brokerage Features

The following features describe how YOUNG LIVING ESSENTIAL OILS, LC handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

YOUNG LIVING ESSENTIAL OILS, LC 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of YOUNG LIVING ESSENTIAL OILS, LC:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

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