LOBSTER PLACE 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOBSTER PLACE 401(K) PLAN is $3,572,748.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in LOBSTER PLACE 401(K) PLAN is 145

In 2022, the average participant retirement account value for LOBSTER PLACE 401(K) PLAN is $24,639

In 2022, the estimated average employee contribution amount per participant for LOBSTER PLACE 401(K) PLAN is $2,456

In 2022, the estimated average employer match for an employee in LOBSTER PLACE 401(K) PLAN is approximately $1,301

In 2022, LOBSTER PLACE 401(K) PLAN allocates $188,720 to match its employees’ contributions, providing an employer match rate of 52.98% of their contributions

In 2022, the total retirement plan asset growth rate of LOBSTER PLACE 401(K) PLAN is -12.91%

In 2022, the estimated aggregate retirement account investment gain/loss for LOBSTER PLACE 401(K) PLAN is -16.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOBSTER PLACE 401(K) PLAN is 0.05%.

Enrollment Features

LOBSTER PLACE 401(K) 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.