LOANDEPOT 401(K) PLAN

Overview

Plan Contact

  • Address: 26642 TOWNE CENTRE DRIVE,FOOTHILL RANCH,CA
  • Contact person: LAURA COLLINS
  • Phone: (888) 337-6888

Plan General Information


At the end of 2022, the total retirement plan assets of LOANDEPOT 401(K) PLAN is $361,964,361.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in LOANDEPOT 401(K) PLAN is 14521

In 2022, the average participant retirement account value for LOANDEPOT 401(K) PLAN is $24,926

In 2022, the estimated average employee contribution amount per participant for LOANDEPOT 401(K) PLAN is $4,024

In 2022, the estimated average employer match for an employee in LOANDEPOT 401(K) PLAN is approximately $954

In 2022, LOANDEPOT 401(K) PLAN allocates $13,860,365 to match its employees’ contributions, providing an employer match rate of 26.77% of their contributions

In 2022, the total retirement plan asset growth rate of LOANDEPOT 401(K) PLAN is -20.12%

In 2022, the estimated aggregate retirement account investment gain/loss for LOANDEPOT 401(K) PLAN is -17.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOANDEPOT 401(K) PLAN is 0.34%.

Enrollment Features

LOANDEPOT 401(K) 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.