LAWLEY RETIREMENT PLAN

Overview

Plan Contact

  • Address: 361 DELAWARE AVENUE,BUFFALO,NY
  • Phone: (716) 849-1576

Plan General Information


At the end of 2022, the total retirement plan assets of LAWLEY RETIREMENT PLAN is $75,158,022.This plan was established in 1977.

At the end of 2022, the total number of retirement plan participants in LAWLEY RETIREMENT PLAN is 508

In 2022, the average participant retirement account value for LAWLEY RETIREMENT PLAN is $147,948

In 2022, the estimated average employee contribution amount per participant for LAWLEY RETIREMENT PLAN is $7,818

In 2022, the estimated average employer match for an employee in LAWLEY RETIREMENT PLAN is approximately $3,510

In 2022, LAWLEY RETIREMENT PLAN allocates $1,783,218 to match its employees’ contributions, providing an employer match rate of 45.43% of their contributions

In 2022, the total retirement plan asset growth rate of LAWLEY RETIREMENT PLAN is -16.53%

In 2022, the estimated aggregate retirement account investment gain/loss for LAWLEY RETIREMENT PLAN is -17.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAWLEY RETIREMENT PLAN is 0.01%.

Enrollment Features

LAWLEY 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.