LOBAR ASSOCIATES, INC. RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOBAR ASSOCIATES, INC. RETIREMENT PLAN is $9,333,323.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in LOBAR ASSOCIATES, INC. RETIREMENT PLAN is 195

In 2022, the average participant retirement account value for LOBAR ASSOCIATES, INC. RETIREMENT PLAN is $47,863

In 2022, the estimated average employee contribution amount per participant for LOBAR ASSOCIATES, INC. RETIREMENT PLAN is $3,921

In 2022, the estimated average employer match for an employee in LOBAR ASSOCIATES, INC. RETIREMENT PLAN is approximately $553

In 2022, LOBAR ASSOCIATES, INC. RETIREMENT PLAN allocates $107,848 to match its employees’ contributions, providing an employer match rate of 13.79% of their contributions

In 2022, the total retirement plan asset growth rate of LOBAR ASSOCIATES, INC. RETIREMENT PLAN is -9.11%

In 2022, the estimated aggregate retirement account investment gain/loss for LOBAR ASSOCIATES, INC. RETIREMENT PLAN is -14.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOBAR ASSOCIATES, INC. RETIREMENT PLAN is 0.27%.

Enrollment Features

LOBAR ASSOCIATES, INC. RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.