LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY

Overview

Plan Contact

  • Address: 555 N. SHERIDAN ROAD,LAKE FOREST,IL
  • Contact person: AGNES STEPEK
  • Phone: (847) 234-3100

Plan General Information


At the end of 2021, the total retirement plan assets of LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is $144,782,735.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is 847

In 2021, the average participant retirement account value for LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is $170,935

In 2021, the estimated average employee contribution amount per participant for LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is $1,765

In 2021, the estimated average employer match for an employee in LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is approximately $1,759

In 2021, LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY allocates $1,490,200 to match its employees’ contributions, providing an employer match rate of 99.64% of their contributions

In 2021, the total retirement plan asset growth rate of LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is 9.18%

In 2021, the estimated aggregate retirement account investment gain/loss for LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is 12.58%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY is 0.03%.

Enrollment Features

LAKE FOREST COLLEGE RETIREMENT PLAN FOR FACULTY has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.