LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN

At the end of 2023, the total retirement plan assets of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is $80,520,245.This plan was established in 1990.

At the end of 2023, the total number of retirement plan participants in LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is 209

In 2023, the average participant retirement account value for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is $385,264

In 2023, the estimated average employee contribution amount per participant for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is $14,752

In 2023, the estimated average employer match for an employee in LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is approximately $6,847

In 2023, LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN allocates $1,431,030 to match its employees’ contributions, providing an employer match rate of 92.82% of their contributions

In 2023, the total retirement plan asset growth rate of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is -8.22%

In 2023, the estimated aggregate retirement account investment gain/loss for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is -7.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2023, the investment and administrative expense ratio of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN is 0.17%.

Enrollment Features

LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A. RETIREMENT PLAN 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.